Jay-Z and Will Smith have joined together to for a brand new venture that includes producing and directing films. Smith’s Overbrook Entertainment company and Mr. Carter will team up to release their first major film project, a remake of the classic Annie with confirmed reports of Willow Smith starring in the film. Overbrook are run by Will & Jada Pinkett-Smith along with partners Ken Stovitz and James Lassiter that also worked with Jay-Z to produced 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.”