Jay-Z Partners with Will, Jada Pinkett Smith For Film Venture
Jay-Z and Will Smith are teaming up once again and this time the two entertainment heavyweights are putting their dollars and brand names together to create films.
Jay-Z will join Overbrook Entertainment partners James Lassiter, Ken Stovitz, Jada Pinkett Smith and Will Smith for a joint venture to develop and produce major motion pictures.
Shawn "Jay-Z" Carter began crossing paths with The Smith couple as investors in the Carol's Daughter beauty product line and as producers of the Broadway hit musical Fela which earned eleven Tony Award nominations.
Their daughter, Willow Smith is not only signed to Jay's Roc Nation label, but she is also the future star of what will be the first project released by the moguls together, the remake of the 1980's smash Annie.
Speaking on their new film venture Jay-Z released a statement saying,
"The Overbrook Entertainment family and I have a unified vision. 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.”