Will Smith, Jay-Z Teaming Up For Possible "Annie" Remake With Willow

[AllHipHop] Entertainment titans Will Smith and Jay-Z are in talks to bring a new version of the classic 1982 movie/musical Annie to the big screen, with Smith's daughter Willow Smith in the lead role.

According to Variety, Will and Jay-Z are developing the picture through Will Smith's successful company Overbrook Productions, which has produced movies like Hancock, ATL, Takers, I Am Legend and The Karate Kid.

Will Smith is hoping to recreate the success of his remake of The Karate Kid, which also starred his son Jaden Smith and has grossed over $350 million worldwide.

Read the full story at AllHipHop.com