It turns out that we didn’t need a fortuneteller to see this collaboration coming. Early signs of it showed when Willow Smith was signed by Jay-Z’s Roc Nation label. And what exactly is the collabo? Billboard.com reports: Will Smith, Jada Pinkett-Smith, and Overbrook Entertainment have formed a joint-venture with Jay-Z to develop and produce major motion pictures. The kick-off project will be a remake of the Broadway musical “Annie”, which will cast none other than Willow Smith for the leading role. The movie will be developed with Sony Pictures Entertainment and produced by Overbrook and Jay-Z.
“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.”
In case you’re wondering, this is not the first collaboration between the Smiths and the Carters. Their first partnership began when the three of them decided to invest in Carol’s Daughter beauty line. The second joint-venture was when the powerhouses joined forces to co-produce the Broadway play “Fela!” and the latest was when Willow Smith was signed to Roc Nation and released “Whip My Hair” as her first single.