Will Smith signs for `Men In Black 3`: Studio

Los Angeles: Will Smith has signed on to star in "Men In Black III," a third film in the hit franchise about secret agents responsible for policing extra-terrestrials on earth, Columbia Pictures announced Friday.

A statement said the new film, to be released in 3D, would hit cinema screens in North America on May 25, 2012, with Smith reprising his role as the alien-hunting Agent Jay.

While Smith`s participation in the film has been confirmed, negotiations were ongoing with Tommy Lee Jones, who played Smith`s partner, Agent Kay, in the first two films.

Oscar-nominated "Milk" star Josh Brolin is also in talks to star in the film, Columbia said in a statement distributed by parent company Sony Pictures Entertainment.

The first two "Men in Black" films, released in 1997 and 2002, went on to become two of the most successful films in Columbia Pictures history, earning more one billion dollars combined worldwide.

Bureau Report