Feb 2nd

Three The Wealthy Way!


Will Smith, Jada Pinkett-Smith and their partners at Overbrook Entertainment have formed a joint-venture with Shawn Carter to develop and produce major motion pictures. The partnership between Will and Jada and Jay-Z began when the three decided to invest in the beauty line Carol's Daughter. Their next venture together was when they joined forces again to co-produce the Broadway play "Fela!" Since then, Willow Smith, who is managed by Overbrook's Miguel Melendez, has signed to Roc Nation and released first single "Whip My Hair." (Billboard)


Will Smith and Jada Pinkett-Smith are planning to produce a remake of the 1982 film "Annie" starring the couple's 10-year-old daughter, Willow. The film, which is based on a Broadway musical, tells the story of an orphan adopted by a wealthy man. Overbrook Entertainment, the Smiths' company, announced today that it had formed a joint venture with rapper Jay-Z to develop and produce "Annie" and potentially other feature films. Jay-Z will serve as a producer on "Annie." (
Wall Street Journal)

Jay-Z in a statement had this to say, "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." Overbrook Entertainment has generated more than $2.5 billion in revenue by producing some of Smith's films like "Ali," "Hitch," "Pursuit of Happyness," "I Am Legend" and "The Karate Kid." (WNCF TV News)