id4 smith

Director Ronald Emmerich confirmed to New York Daily News that Will Smith will not return for the ID4 sequel, which apparently will be the first of a two part story (ID Forever, Part I and Part II).

While promoting his latest film White House Down, Emmerich stated: "Will Smith can not come back because he's too expensive, but he'd also be too much of a marquee name," adding that,

"It would be too much."

No surprise there, going by rumors of Smith's salary demands. Read Tambay's piece from March HERE, which also elaborates on the filmmakers' plan for the plot, said to be about "the son's takeover."

Although he didn't specify who will return for the new movie, Emmerich did say that about "half of the people that you know would know from the first film (in the script) and the other half people who are new."

Regarding the new plot, the director says is not a total reboot but "something that's totally unusual."  Screenwriter James Vanderbilt is currently adding his final touches to the script, originally penned by Emmerich and producer Dean Devlin.

Fox has confirmed the sequel's release date for July 3, 2015.