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The long-awaited sequel to Independence Day was given the green light at Fox today. It's slatted to begin production this coming May and the studio is now moving to close Roland Emmerich's directing deal.

The sci-fi sequel is now scheduled for release on June 24, 2016, and no, Will Smith is not returning for this installment.

Casting will begin once Emmerich has been signed. It is also now known that only a single film, not two shot back-to-back as originally rumored, is planned. Nicolas Wright and James A. Woods wrote the script. Carter Blanchard rewrote the first draft of the script that was done by Emmerich and Dean Devlin, and then James Vanderbilt. Emmerich is producing with Devlin and Harald Kloser. The green light means that Fox, Emmerich and Devlin can release the film for the 2016 July 4 weekend, marking the 20th anniversary of the 1996 original that grossed a not-too-shabby $811 million worldwide.

(Source: Deadline)

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