"Variety says Will Smith is looking at two possible options for his next project - Sony's Men in Black III and 20th Century Fox's The City That Sailed.
The first film in the Men in Black franchise earned $587.8 million worldwide in 1997, and the second took in $441.8 million in 2002.
Smith's production company Overbrook Films developed The City That Sailed and brought it to Fox.
The fantastical drama follows a New York City street magician whose daughter, because of family circumstances, lives in England. In exploring a lighthouse one day, the discovers a room with magic candles and wishes to be reunited with her father, causing the island of Manhattan to break away and drift across the Pond. Andrew Niccol wrote the script."
Ooh. I wish he didn't have to choose between the two of these. I would love to see him do both.