Jay-Z To Produce "Annie" Starring Willow Smith

After last week’s news of Jay-Z and Will Smith teaming up for an "Annie" remake, Jay-Z confirmed the news via a brief written statement.

“The Overbrook Entertainment family and I have a unified vision,” Jay stated. “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.”

People can say what they want about the Smith children, but Will Smith is a GENIOUS. If you have the means, NETWORK & CONNECT. His children were already set for life just off of the legacy that their parents left. But starting them off early, casting Jayden/Willow as stars, re-making HIT productions such as The Karate Kid, now Annie...is classic. *Tips Hat To The Smiths*