4 March 2013 3:06 PM, PST | Deadline TV | See recent Deadline TV news »

On the heels of Viacom CEO Philippe Dauman’s remarks this morning that Paramount will be returning to TV production, Paramount Pictures chairman and CEO Brad Grey just announced that the company is joining Sony TV as co-producer on CBS‘ Beverly Hills Cop pilot and potential series, based on the hit Paramount movie franchise. Dauman earlier today teased Paramount’s Beverly Hills Cop involvement, noting that the company plans to “get back, with very little investment, into the television production business.” Sony TV put the project, written by Shawn Ryan and exec produced by Ryan and Eddie Murphy, together and sold it to CBS where it has gone to pilot directed by Barry Sonnenfeld. As part of Sony TV’s rights deal with Paramount, the movie studio had the opportunity to join in, something which it is now doing. (Though the co-production deal is not official yet.) Paramount used to »

- NELLIE ANDREEVA

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