Briefly: People have wondered for years why all involved havent pulled the trigger on Bad Boys 3 it seems like such an obvious move in a studio culture that is all about sequels. But this one has, in the past, required the willingness of two stars and a director. That complicates the process.
Now that theres been a little power structure change at Sony, installing Michael De Luca as production co-president with a mandate to up the quality of the studios tentpole films, it looks like that sequel will happen. A writer is almost signed, but thats just the first step in the process. Read more below.
Deadline reports that Sony is in now in the first early talks with David Guggenheim (Safe House) to script Bad Boys 3, and obviously the hope is that Will Smith and Martin Lawrence will sign to return.
The site also says that Michael Bay doesnt seem to be involved at this point despite making the first two movies. Those two films, and the second in particular, are emblematic of Bays technique; his name is simultaneous with the films. Hire another director and segments of the audience wouldnt notice, but a lot of the people who want a third movie want one made by Bay. None of this means he wont be involved, but at this point there isnt even a script, so a lot can happen. The film might not even get made. This isnt the first time someone has been hired to write a Bad Boys 3 script.
(Deadline also explicitly says that Men in Black is being rebooted, which weve generally known, and mentions the full reboot of Ghostbusters, as well also a familiar topic.)
Source: slashfilm.com