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The pact will begin in April 2014, after the producer leaves longtime home Disney.
Bruckheimer and Disney announced the end of their nearly 20-year partnership in September, when the studio said his first-look deal would not be renewed after it expires next year.
“Jerry Bruckheimer is one of the most creative and prolific producers in motion picture history,” Paramount CEO Brad Grey said in a statement. “His signature style has attracted huge global audiences and we are thrilled to have him back in the Paramount family.”
Bruckheimer added: “It is great to be back at Paramount. I look forward to working with Brad Grey and his entire team.”
Bruckheimer’s first film for Paramount is set to be a new Beverly Hills Cop, which is being written for Eddie Murphy by Mission: Impossible – Ghost Protocol‘s Josh Appelbaum and Andre Nemec, it was revealed as part of Friday’s announcement. The announcement also confirmed he will produce the planned Top Gun sequel starring Tom Cruise, which Paramount has been developing with financing partner Skydance Productions. The original versions of both films were among his early successes at Paramount.
Paramount already has deals with J.J. Abrams, Michael Bay, Lorenzo di Bonaventura and others.
The end of Bruckheimer’s deal with Disney came after the box-office disappointment of The Lone Ranger, but the producer and Disney head Alan Horn said the breakup of their partnership was more about the type of movies he wanted to produce.
Bruckheimer, who produced the Pirates of the Caribbean blockbusters, wants to tackle more adult-skewing movies that Disney once made through its Touchstone label, a division that no longer exists as the studio seeks to create narrowly defined fare.
Disney’s film division also makes fewer movies as it has Marvel, DreamWorks and now Lucasfilm contributing to its slate.
Bruckheimer’s bread and butter at Disney was action movies such as Con Air, Gone in 60 Seconds, Armageddon, Pearl Harbor and National Treasure, but he also found success with movies such as Coyote Ugly and Remember the Titans.
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