According to Sony Insider David Koepp (War of the Worlds) will be joining Etan Cohen (Tropic Thunder) to write the script for Men in Black 3, Men in Black III-D, MIIIB or whatever they decide to call the third film in the Men in Black franchise.
Koepp is currently rewriting a new draft of the script, which takes place primarily in the year 1969 as Will Smith and Tommy Lee Jones are transported back in time where they meet Josh Brolin, who plays a young version of Jones.
Will Smith has also recorded a short video in his black suit and slick shades teasing us about return to the big screen after, what will be, a 4 year absence. The clip debuted at an exclusive Sony 3D TV launch event at Sony Pictures Studios.
Men in Black 3 will be released on May 25th 2012 and will begin filming next year.