Kevin Mazur, WireImage for Clear Channel
Will Smith, who produced last year's $350 million-earning 'The Karate Kid' starring his son Jaden, is talking with Sony about producing the film through his Overbrook Entertainment. The company has produced flicks starring Will since 2001 including 'Ali,' 'I, Robot,' 'I Am Legend,' 'Seven Pounds' and the upcoming 'Harriet the Spy: Making New Friends.'
Though Jay-Z is yet to sign on for the developing project, it would be full circle for the rapper, who sampled 'It's the Hard Knock Life' from the musical on his 1998 hit 'Hard Knock Life (Ghetto Anthem).' Sources are remaining tight-lipped on whether or not the songs will be updated for the pic or if Hov will helm an entirely new score.
In the meantime, Willow is focusing on her music career following the success of her breakout single 'Whip My Hair.' The pre-teen starlet is currently putting in studio time to record her first full-length album.
Watch Willow Smith's 'Whip My Hair'
Taylor Swift Dominates at 2013 Billboard Music Awards
Tim McGraw's 'Superstar Summer Night' Special to Air May 19
Carrie Underwood 'Goats' Hunter Hayes With Blown Away Tour Prank
Tim McGraw Stops Atlanta Show to Help Ailing Fan
Jennifer Hudson Performs 'Inseparable' With 'American Idol' Winner Candice Glover
PHOTOS: Tornado Aftermath Leaves Trail Of Destruction
Blake Shelton Will Return for Season 5 of 'The Voice'
PHOTOS: This Is The Best Response To Abercrombie CEO Mike Jeffries We've Seen Yet
Beyonce Releases New Anthem, 'Grown Woman'
Tornadoes Strike Oklahoma
Miguel and Fan Are 'Okay' After Crazy Kick at 2013 Billboard Music Awards
JODI ARIAS WANTS LIFE
Stone Temple Pilots Tap Linkin Park's Chester Bennington as New Singer
Oklahoma Senators Face Difficult Options On Disaster Relief
Toby Keith Says His Hometown of Moore, Oklahoma 'Will Perservere' After Deadly Tornado
WATCH: Mom's Emotional Reunion With Son After Tornado
WATCH: Tornado Victim Finds Dog During CBS Interview
CBS Pulls 'Mike & Molly' Tornado-Set Finale
Who Won 'DWTS'?
PHOTOS: Tornado Devastates Moore, Oklahoma
Police END Search For Susan Powell
Grossed Out Student Finds "Worm" In His McMuffin
Rescuers Continue Search For Tornado Survivors
PHOTOS: Tornadoes Wreak Havoc On Central U.S.
Justin Bieber BOOED While Accepting Award
LOOK: The 14 Most Endangered Heritage Sites In Europe
Mila Kunis And Ashton Kutcher Put Their Romance On Display
15 Incredible Cat Photobombs
Guess Who?
WATCH: Tornadoes Rip Through Central U.S.
Student Expelled, Charged With Felonies For Same-Sex Relationship
Stefon Marries Anderson Cooper In Final Show
LOOK: Dolphins Make Rare Underwater Find
