"Cyrus Voris and Ethan Reiff, who wrote the Kung Fu Panda story, have been hired to write the sequel to The Karate Kid.
The first film, starring Jackie Chan, Jaden Smith and Taraji P. Henson, cost about $40 million to make and has earned an impressive $299.7 million worldwide. It was directed by Harald Zwart.
Columbia Pictures has not revealed the setting or the plot of the sequel. Will Smith is again producing with Overbrook Entertainment partners James Lassiter and Ken Stovitz."
Interesting. Both Kung Fu Panda and The Karate Kid star Jackie Chan.
If you have not seen The Karate Kid, it is a fantastic movie. I highly recommend it.