Will Smith and Jay-Z are in talks with Oscar-winning screenwriter and actress Emma Thompson to re-adapt the screenplay for an updated version of the musical Annie, starring Willow Smith.

The Broadway musical "Annie" opened in 1977 and was based upon the popular comic strip by Harold Gray which debuted in 1924. In 1982, Columbia Pictures released a film adaptation directed by John Huston and starring Albert Finney, Carol Burnett, Bernadette Peters, Tim Curry, and Aileen Quinn as Annie.

No production date has been set.