Hold On! Gimme A Sec

Following the approval of the California tax credit, Beverly Hills Cop 4 is showing signs of life.

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Beverly Hills Cop 4, Zack Snyder’s Rebel Moon, Luca Guadagnino’s Scarface reboot, and other films have been announced as part of California’s Film & TV tax credit programme. Thirteen independent projects and ten major studio productions are among the films receiving $138.7 million in tax credits, with amounts ranging from $262,000 to $18.5 million.

The reboot, starring Eddie Murphy, is being produced under a one-time licencing deal between Netflix and Paramount Pictures. Filming is scheduled to begin in 58 days, with a portion of the shoot taking place in San Bernadino.

“We look forward to welcoming this diverse blend of films and filmmakers to the tax credit program,” California Film Commission executive director Colleen Bell said in a statement.

Jean-Marc Vallée’s untitled John Lennon and Yoko Ono feature, Escape from Imagine Entertainment, and untitled projects from Aziz Ansari, Karyn Kusama, and Kobi Libii, as well as Kenya Barris, have all been approved for the tax credit. Meanwhile, nine of the 13 indie films will have a budget of less than $10 million.

It is estimated that by approving these projects, a total of 4,088 crew members, 873 cast members, and 40,621 background actors and stand-ins will be hired. Filming is expected to last a total of 953 days, assuming no reshoots.

You can see the full list of projects as well as their estimated tax credit amounts below:

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