Do you remember last week when it was rumored that Will Smith might team up with rapper Jay-Z to produce a remake of the comic strip and Broadway play Annie? It’s no longer speculation. Sony Pictures has just confirmed that they are in talks with Smith and Jay-Z regarding a remake. The film will be created as a star vehicle for Will’s daughter Willow Smith.

Here’s the scoop via the press release:

The partnership began over dinner with Jada, Will, James Lassiter and JAY-Z, where they decided to co-invest in the now successful beauty products line Carol’s Daughter. They continued this partnership as co-producers of the successful Broadway production Fela!, which earned a total of eleven Tony Award nominations in 2010.

“The time is right to bring back ANNIE to the big screen. Of course, we’re true believers in Willow’s talent and believe she will be perfect in this role,” said Columbia Pictures President Doug Belgrad. “Combining Willow with the Overbrook team that reimagined Karate Kid and the spectacular JAY-Z makes this a dream project. A decade ago, JAY-Z proved that the power of the underlying Broadway property remains, by showing how these songs could be reinterpreted for a new generation with Hard-Knock Life. We couldn’t be more thrilled to be working with our friends at Overbrook as they launch this new venture.”

Whether or not you agree with their decision to give a makeover to the classic property, it’s happening. We’re interested to see what their take on the character will be. The Smith’s sure love to remake cult favorites. First Jaden Smith in The Karate Kid remake, and now Willow in this.

What do you think of Willow Smith as the new Annie?

Source: Coming Soon