By Sophia Savage | Thompson on Hollywood October 27, 2011 at 6:09AM
Fox will make not one but two Independence Day sequels, fifteen years (and counting) after the original Will Smith pic raked in $800 million across the globe. It's not a new idea -- the studio had wanted to green light a sequel for some time, but both Smith and director Roland Emmerich demanded huge paychecks. So Fox focused on developing scripts and declared that the franchise could proceed with or without them.
Vulture reports that Smith, the "last bankable action star" (is he?) wanted $50 million for the two sequels (which will tell a single story) and Emmerich's demands were "hefty" as well. Of their demands, an insider tells Vulture, “It had more to do with ‘Whose dick is bigger?’" Vulture believes that Hollywood "desperately needs Smith," but cites the nightmare behind getting Men In Black II and III made. Smith's last appearance on the big screen was the disappointing 2008 film Seven Pounds, and despite being linked to plenty of potential projects, the star seems more concerned with getting his children franchises of their own (The Karate Kid for Jaden, Annie for Willow) than committing to his own. Here's more.
Check out the Independence Day trailer (below). Emmerich's movie has already spawned many takes on the-world-is-ending theme. Is this the time to cash in on national pride and independence? Unless they replace the aliens with the 1%...