Will Smith has already helped one of his kids become a movie star, producing last year’s The Karate Kid which starred son Jaden and took in over $350 million dollars in worldwide box office. Now, according to Variety, the former Fresh Prince has plans to develop another remake starring his daughter, Willow. The project this time out is Annie, the 1982 movie adaptation of the hit Broadway musical. Will Smith’s production company, Overbrook Shingle, is currently in talks with Sony.

Jay-Z, the head of Willow’s label, Roc Nation, is also involved. He is currently in conversations to work on the music of the proposed film. Jay would seem to have plenty of experience with the material having scored one of his most iconic hits when he teamed with The 45 King for “Hard Knock Life”, a song which sampled the song “It’s The Hard Knock Life” from the original film production of Annie.

Since the project is still in the early stages details are scant. But DX will keep you posted as more news becomes available.