The news coincides with word that Friends with Benefits director Will Gluck is in negotiations to helm the project for the studios.

© WENN / FayesVision

© Rex Features / Most Wanted
Emma Thompson and Aline Brosh McKenna have been working on a screenplay for the film for several years, with rapper Jay-Z providing the musical score.
Gluck will revise the latest draft of the script before filming commences, according to The Hollywood Reporter.
Willow's parents Will Smith and Jada Pinkett-Smith are producing the movie alongside Jay-Z, James Lassiter, Jay Brown and Tyran Smith.
Annie, billed as a modern day reimagining of the classic musical, is slated for release in 2014.
Watch Annie sing 'Tomorrow' in the 1982 version below:






