If you had told us at the beginning of the year that Jaden Smith and Jackie Chan would have a bonafide box office smash on their hands with their remake of “The Karate Kid” we would have laughed. But with a budget of around $40 million the family friendly fight pic surprised everyone when it went on to earn $300 million worldwide and of course, sequel talk was only a matter of time.
Columbia has put things in motion, hiring Cyrus Voris and Ethan Reiff to pen the sequel about which details are being kept under wraps. The duo are best known for penning “Kung Fu Panda,” but more intriguingly are also responsible for the writing “Nottingham” which was eventually mangled into Ridley Scott’s “Robin Hood” that was released earlier this year.
The formula will likely stay the same: modest budget, family oriented and uplifting. Yeah, it’s not our favorite thing in the world but as far as franchises go, you could do far, far worse. No release date set but this is likely being eyed for a 2012 release. [THR]