Rap-Up.com || Jay-Z and Will Smith Form Joint Film Venture

Beyoncé, Jay-Z, Will Smith, and Jada Pinkett Smith

A star is about to be reborn. Following reports that Will Smith was rebooting the 1982 musical film Annie starring his daughter Willow and featuring music from Jay-Z, the remake is official, with the announcement that Smith’s Overbrook Entertainment is partnering with Jay-Z to develop and produce major motion pictures, beginning with Annie.

Overbrook, run by Will, his wife Jada Pinkett, and partners James Lassiter and Ken Stovitz, first teamed with Hov to co-invest in beauty products line Carol’s Daughter, later partnering to produce the Broadway musical “Fela!”

“The Overbrook Entertainment family and I have a unified vision. We’ve already produced a Tony Award-winning play and we’re developing a true superstar in Willow,” said Jay-Z in a statement. “This venture into film development and production is a perfect next step with teams that are accomplished, creative, and innovative.”

It’s currently unclear if the Roc Nation chief will handle musical duties for Annie‘s soundtrack, but 10-year-old Willow will star in the remake, with Sony Pictures Entertainment developing the flick.

The singing sensation, riding on the success of her platinum single “Whip My Hair,” is prepping its follow-up “21st Century Girl,” with her debut album slated for spring.

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18 Comments

Yeah
January 26th, 2011 at 11:30 am
yay cool

[Reply]
carl
January 26th, 2011 at 11:32 am
mmmmmmmMMMM I smell MONEY!!!

[Reply]
Tami
January 26th, 2011 at 11:33 am
Will Smith and Jay-Z are some SMART NIGGAS!Goodbye Tyler Perry, we tired of your movies anyway.Hello Will and Hova!Oh next they probably gonna do one with Beyonce too.THis is dope!!Smiths and Carters taking OVER!Ya mad

[Reply]
tater :)
January 26th, 2011 at 11:49 am
i’m soooo happy for willow ..!
maybe a project for her && beyonce in the works !!

[Reply]
cubevision
January 26th, 2011 at 12:07 pm
cosign tami.

[Reply]
priscilla
January 26th, 2011 at 12:30 pm
fake smile is all i see on beyonce face.

[Reply]
tiffany
January 26th, 2011 at 1:20 pm
aaaaa

jay z makes me laugh

rihanna, willow…

jsut money
he’s a kid

[Reply]
No ma'am
January 26th, 2011 at 1:44 pm
Hmmmm….

[Reply]
Halo
January 26th, 2011 at 1:55 pm
@ priscilla Jealousy is all I see in your comment

ROUND IV

[Reply]
Drake&CiaraFan
January 26th, 2011 at 2:23 pm
Is Beyonce pregnant? No hatin, but she looks like she put on some pounds.

[Reply]
rayssa
January 26th, 2011 at 2:48 pm
Beyoncé é DIVA POW!

[Reply]
49ers160
January 26th, 2011 at 2:55 pm
two power couples right their

[Reply]
MEH
January 26th, 2011 at 4:26 pm
lol Karate Kid and now Annie, what’s next Jaden & Willow on the Star Wars remake?

S

M

H

.

[Reply]
A Realist
January 26th, 2011 at 5:27 pm
I love Will Smith!

[Reply]
Jay
January 27th, 2011 at 4:44 am
Wow, really!? I’m looking forward to seeing this remake. I bet it’ll be great. I already love the Karate Kid remake.

Oh and Imma need Will to drop some more movies of his own this year! :)

[Reply]
kiki
January 27th, 2011 at 9:44 am
wow all i can say is black people on the rise…

[Reply]
Jay-Z and Will Smith form a joint film venture | The Latest Gossip!
August 23rd, 2011 at 4:27 pm
[...] It’s currently unclear if the Roc Nation chief will handle musical duties for Annie‘s soundtrack, but 10-year-old Willow will star in the remake, with Sony Pictures Entertainment developing the flick. source [...]
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June 7th, 2012 at 10:43 pm
[...] Smith and his wife Jada Pinkett announced last year that they were partnering with Jay-Z to develop and produce a remake of the 1982 [...]