Annie set to whip her hair back and forth…

Will Smith is reportedly teaming with Jay-Z to produce a film reboot of the Broadway musical Annie.

Last week it was reported that the two were considering the film with Smith’s daughter Willow in the lead role.

Sony Pictures has now confirmed that it is backing the project, says The Hollywood Reporter.

“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 in a statement.

He added: “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’.”