1981 and ''Annie" the musical was brought to the big screen will forever be a piece of movie magic.

Carol Burnett as "Ms. Hannigan" and the orphans are timeless and unforgetable.

After all these years it looks like "Annie" is getting told for the second time on the Big Screen and Jamie Foxx will take on the role of "Will Stax" aka Daddy Warbucks.

The part of 'Annie" was to be played by Will Smith's daughter Willow but she has out grown the role. The the young Oscar-nominee Quvenzhané Wallis (Beasts of the Southern Wild) and that has allowed the project to get back on track for a theatrical release next year. Look for Cameron Diaz as the awful "Ms. Hannigan."

Did I mention it is all being produced by the legend Jay-Z?

Here is Your First Look:

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