By MCN Editor editor@moviecitynews.com

OVERBROOK ENTERTAINMENT AND SHAWN “JAY-Z” CARTER FORM JOINT FILM VENTURE

OVERBROOK ENTERTAINMENT AND SHAWN “JAY-Z” CARTER FORM JOINT FILM VENTURE

Los Angeles, Calif., January 26, 2011 – Overbrook Entertainment partners James Lassiter, Ken Stovitz, Jada Pinkett Smith and Will Smith have formed a joint venture with Shawn “JAY-Z” Carter to develop and produce major motion pictures. One of the projects being discussed is the re-imagination of the classic Broadway musical ANNIE as a vehicle for Willow Smith to star. The film will be developed with Sony Pictures Entertainment and produced by Overbrook Entertainment and Mr. Carter.

The partnership began over dinner with Jada, Will, James Lassiter and JAY-Z, where they decided to co-invest in the now successful beauty products line Carol’s Daughter. They continued this partnership as co-producers of the successful Broadway production Fela!, which earned a total of eleven Tony Award nominations in 2010.

Additionally, Willow Smith, managed by OE Executive Miguel Melendez, signed onto JAY-Z’s record label, Roc Nation which produced her first single titled “Whip My Hair” has been certified Platinum. JAY-Z previously sampled the classic Annie song “It’s the Hard Knock Life” in his chart-busting single “Hard Knock Life (Ghetto Anthem).”

“The time is right to bring back ANNIE to the big screen. Of course, we’re true believers in Willow’s talent and believe she will be perfect in this role,” said Columbia Pictures President Doug Belgrad. “Combining Willow with the Overbrook team that reimagined Karate Kid and the spectacular JAY-Z makes this a dream project. A decade ago, JAY-Z proved that the power of the underlying Broadway property remains, by showing how these songs could be reinterpreted for a new generation with Hard-Knock Life. We couldn’t be more thrilled to be working with our friends at Overbrook as they launch this new venture.”

“We are excited to partner together to develop and produce a wide variety of films with our longtime friend JAY-Z, with whom we share a common global vision, both commercially and philosophically, and look forward to collaborating once again with the incredibly talented executives at Sony,” said Overbrook Co-Founder James Lassiter.

Stated Shawn “JAY-Z” Carter, “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.”

Overbrook Entertainment, founded by partners James Lassiter and Will Smith, is committed to offering the highest quality entertainment focused in film and television and has produced a diverse slate of both critically acclaimed and blockbuster feature films, which have generated more than $2.5 billion dollars in worldwide box office receipts and even more in home video sales. Some of Overbrook’s most successful films include ALI, HITCH, PURSUIT OF HAPPYNESS, I AM LEGEND, HANCOCK, SECRET LIVES OF BEES, and most recently THE KARATE KID.

Roc Nation is a groundbreaking, multi-tiered, multi-genre music and entertainment company. Founded in 2008 by Shawn “JAY-Z” Carter in collaboration with Live Nation, Roc Nation encompasses artist, songwriter, producer and engineer management; music publishing; touring & merchandising; new business ventures; and a music label.

The Broadway musical “Annie” is based upon the popular comic strip and features songs with music by Charles Strouse and lyrics by Martin Charnin and a book by Thomas Meehan. The show originally pened on April 21, 1977, and immediately became a hit, winning seven Tony Awards, including Best Musical. 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.

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3 Responses to “OVERBROOK ENTERTAINMENT AND SHAWN “JAY-Z” CARTER FORM JOINT FILM VENTURE”

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It shows how out of it I was in trying to be in it, acknowledging that I was out of it to myself, and then thinking, “Okay, how do I stop being out of it? Well, I get some legitimate illogical narrative ideas” — some novel, you know?

So I decided on three writers that I might be able to option their material and get some producer, or myself as producer, and then get some writer to do a screenplay on it, and maybe make a movie.

And so the three projects were “Do Androids Dream of Electric Sheep,” “Naked Lunch” and a collection of Bukowski. Which, in 1975, forget it — I mean, that was nuts. Hollywood would not touch any of that, but I was looking for something commercial, and I thought that all of these things were coming.

There would be no Blade Runner if there was no Ray Bradbury. I couldn’t find Philip K. Dick. His agent didn’t even know where he was. And so I gave up.

I was walking down the street and I ran into Bradbury — he directed a play that I was going to do as an actor, so we know each other, but he yelled “hi” — and I’d forgot who he was.

So at my girlfriend Barbara Hershey’s urging — I was with her at that moment — she said, “Talk to him! That guy really wants to talk to you,” and I said “No, fuck him,” and keep walking.

But then I did, and then I realized who it was, and I thought, “Wait, he’s in that realm, maybe he knows Philip K. Dick.” I said, “You know a guy named—” “Yeah, sure — you want his phone number?”

My friend paid my rent for a year while I wrote, because it turned out we couldn’t get a writer. My friends kept on me about, well, if you can’t get a writer, then you write.”
~ Hampton Fancher

“That was the most disappointing thing to me in how this thing was played. Is that I’m on the phone with you now, after all that’s been said, and the fundamental distinction between what James is dealing with in these other cases is not actually brought to the fore. The fundamental difference is that James Franco didn’t seek to use his position to have sex with anyone. There’s not a case of that. He wasn’t using his position or status to try to solicit a sexual favor from anyone. If he had — if that were what the accusation involved — the show would not have gone on. We would have folded up shop and we would have not completed the show. Because then it would have been the same as Harvey Weinstein, or Les Moonves, or any of these cases that are fundamental to this new paradigm. Did you not notice that? Why did you not notice that? Is that not something notable to say, journalistically? Because nobody could find the voice to say it. I’m not just being rhetorical. Why is it that you and the other critics, none of you could find the voice to say, “You know, it’s not this, it’s that”? Because — let me go on and speak further to this. If you go back to the L.A. Times piece, that’s what it lacked. That’s what they were not able to deliver. The one example in the five that involved an issue of a sexual act was between James and a woman he was dating, who he was not working with. There was no professional dynamic in any capacity.

~ David Simon