4 March 2013 3:36 PM, PST | The Hollywood Reporter | See recent The Hollywood Reporter news »

Viacom’s Paramount Pictures is back in television production for the first time in about eight years with a pact to co-finance and co-produce the pilot for a series based on the 1980s Beverly Hills Cop movie franchise with Sony Pictures Television for CBS. The news comes shortly after Viacom’s Philippe Dauman said Monday that Paramount was looking to return to television production for the first time since the studio was split from CBS into two separate companies in 2005. Story: CBS Lands Shawn Ryan and Eddie Murphy's 'Beverly Hills Cop' "Over time, I think Paramount can get back

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