After a number of rumours over the last few weeks, Paramount Pictures and powerhouse producer Jerry Bruckheimer have confirmed they’ve reunited for a first look deal. Earlier this year, it’s thought the commercial failure of THE LONE RANGER was the cause of Bruckheimer and Disney parting ways. Now, the iconic producer of Hollywood hit action franchises BEVERLY HILLS COP, PIRATES OF THE CARIBBEAN and BAD BOYS has returned to his former home. Check out the official press release below:

HOLLYWOOD, CA (December 6, 2013) – Paramount Pictures and Jerry Bruckheimer have reached a three-year, first-look agreement for theatrical films that will begin in April 2014. The deal was announced jointly today by Paramount Pictures Chairman and CEO Brad Grey and Jerry Bruckheimer, on behalf of Bruckheimer Films.

Bruckheimer’s first picture with the studio under the new deal is targeted to be a new Beverly Hills Cop, which is being written for Eddie Murphy by Josh Appelbaum and André Nemec, who together wrote Mission Impossible: Ghost Protocol and the upcoming Teenage Mutant Ninja Turtles. He will also produce Top Gun 2 for the studio, which is being developed with Skydance Productions and will star Tom Cruise.

“Jerry Bruckheimer is one of the most creative and prolific producers in motion picture history,” said Brad Grey. “His signature style has attracted huge global audiences and we are thrilled to have him back in the Paramount family.”

“It is great to be back at Paramount. I look forward to working with Brad Grey and his entire team,” said Bruckheimer.

Bruckheimer’s filmography contains some of the most beloved and popular films of the last four decades including Top Gun, Beverly Hills Cop, and Flashdance (with Paramount), as well as the highly successful Bad Boys, National Treasure and Pirates of the Caribbean franchises. His films have been honored with 41 Academy Award nominations (six wins), 23 Golden Globe nominations (four wins) and have earned worldwide revenues of over $16 Billion in box office, video and recording receipts. 19 of his films have exceeded the $100 million mark in U.S. box office receipts.