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The finishing touches are being put on the scripts for planned back-to-back sequels for Independence Day.
At the moment FOX is just waiting on the script and whether Will Smith will return or not is still up in the air. Apparently FOX tried to put a deal together a couple years ago and approached the star, who was asking for a hefty 50-million to shoot both films. Obviously that was too large of a figure for the studio, so FOX is willing to move forward without him if he's still asking for a similar amount.Little is known about the two ID sequels, other than that they will tell a single story, but will be engineered more in the Back to the Future Parts 2 and 3 sequential-but-not-imperative model than like the last two Harry Potters, which was essentially one movie split in two. As our insider puts it, “They’re intended to be fulfilling movies onto themselves — you could see each separately and enjoy them — but they tell one big story.”
SOURCE: http://nymag.com/daily/entertainment...el_will_s.html
At the time the film came out I was pretty young and considered it to be one of my fav. films. Of course, now that I'm older I see all its faults and incredible cheese. I'm open to the idea of sequels, but I could honestly care less if Smith returns or not. I didn't really like him in the first movie anyway