Emma Thompson To Pen “Annie” Remake?

Will Smith and Jay-Z are in negotiations with Oscar-winning screenwriter and actress Emma Thompson to pen their new version of classic musical “Annie” reports Vulture.

Smith’s youngest child Willow stars in this new version which will be the first project from Smith and Jay-Z’s new deal at Sony Pictures. Thompson co-stars with Will Smith in “Men in Black III” opening next Summer.

It has been almost three decades since John Huston’s previous adaptation hit movie theatres. No word if Thompson will appear on screen.