Last week the Internet was abuzz with the news that Will Smith was producing a new version of Annie starring his daughter Willow Smith [click here if you missed that].
Well guess what? Jay Z is partnering with Will for the project...
From USA Today
It's official: Jay-Z is teaming with Will and Jada Pinkett Smith, along with some other folks, to form a joint venture to develop and produce movies.
Their first project will be a "re-imagination of the classic Broadway musical Annie ,as a vehicle for Willow Smith," according to an announcement by Overbrook Entertainment, the Smith's company.
"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. This venture into film development and production is a perfect next step with teams that are accomplished, creative, and innovative.”