After making over $350 million worldwide back in 2010 Columbia hired Kung Fu Panda writers Cyrus Voris and Ethan Reiff to get started on a sequel to The Karate Kid. Little has been heard since, but now according to Variety Zak Penn has been hired for rewrites which suggests the sequel is still moving forward.
Penn is credited as writing Elektra, X-Men: The Last Stand and The Incredible Hulk, and most recently worked on a Dirty Dozen remake.
While Jaden Smith and Jackie Chan aren’t signed for the sequel they are expected to return. Will Smith will return as producer. No word on the involvement of director Harald Zwart, although given the critical and commercial success of The Karate Kid one would expect him to be considered again.
In 2010 Zwart said he would like to see the next film explore an all-new story rather than follow in the footsteps of the two sequels from the 80s. “I personally think it’s now so much on its own two feet, given the success, that it would be interesting to see where we could take it without ever thinking about the old ones.”