WILL SMITH  is thinking of a career change. Rumor has it that Will Smith has been seriously thinking about a career in politics.

Will’s wife Jada Pinkett Smith told press, “Will is thinking about going into politics. He once said he could imagine becoming a US president. He wasn’t joking; he was quite serious about it.”

It’s all part of leaving a legacy for posterity, says Jada.  “Will and I want to leave traces on this planet – and with that I mean more important traces than just films.”

“Michael Jackson’s This Is It” pulled in $101 million worldwide in its first five days, and distributor Sony is extending the farewell performance film beyond its planned two-week run.

The film was the No. 1 Halloween thriller domestically with a $21.3 million opening weekend, according to studio estimates Sunday.

The previous weekend’s No. 1 movie, Paramount’s low-budget horror sensation “Paranormal Activity,” slipped to No. 2 with $16.5 million, lifting its total to $84.8 million.

“This Is It” captures Jackson in behind-the-scenes performances in the weeks before his death last June, as he rehearsed his biggest hits for the London shows.

“This Is It” originally was scheduled for a theatrical run of only two weeks. The studio has extended it a few more weeks domestically, leaving it in theaters through Thanksgiving weekend, one of the year’s busiest moviegoing times.

VIBE.com reports that Sony will move forward with the third installment in their billion dollar franchise Men In Black 3. The big question is whether Will Smith is going to be cashing in on another extraterrestrial check. No word yet on Will’s involvement, but he  better make up his mind fast. The script is being written by Ethan Cohen who wrote Tropic Thunder–we wouldn’t want Robert Downey Jr. swiping Big Willie’s spot.

Yahoo has debuted the poster for Michael Jackson’s This is It due in theaters on October 28 and offering Jackson fans and music lovers worldwide a rare, behind-the-scenes look at the performer, his career, and the stage spectacular that would have been. The film will provide moviegoers with an unforgettable front row experience compiled from extensive footage that shows Jackson’s meticulous preparation for his 2009 London shows.

Marlon Wayans is that dude right now.

His current movie, G.I.Joe: The Rise of Cobra, had done about $98 mill at the box office, but the Hollywood shaker is already preppin’ his next flick. The Hollywood Reporter is saying that he and brother Shawn are developing a sequel to the ‘04 comedy White Chicks. The Wayans sibs will reprise their roles as FBI agents posing as white girls.

The original version grossed almost $70 million.

Older bro Keenen Ivory Wayans is reportedly on board to direct the sequel.

The King of Pop is about to become a movie star.

The judge hearing the execution of Michael Jackson’s estate got the chance to play studio exec today, effectively greenlighting This Is It by signing off on a deal allowing Columbia Pictures to turn AEG’s footage of the singer’s comeback rehearsals (and, as it happens, final days) into a feature-length film.

The film, for which Columbia wasted no time setting the Thrillerific release date of Oct. 30, was approved after “very aggressive” negotiations.

Katherine Jackson and the attorneys for the estate, John McClain and John Branca, agreed to the deal on Friday. Per the terms, Columbia will pony up $60 million for rights to the footage of his London prep work.

To sweeten the pot, AEG promised that 90 percent of the film’s profits would be funneled back into the estate.

On your mark, get set…Fandango!

Jamie Foxx was in his hotel room in Philadelphia when someone knocked on his door claiming to be Beyonces manager. When Foxx opened the door he noticed it was not the manager of Beyonce rather a 49-year-old stalker. The man immediately shoved Jamie into the hotel room but after he fought back the imposter got scared and ran away.

Well this happed March 22nd and now 9 days later Jamies security detail spotted the man and called the police. He was arrested for burglary, criminal threats, stalking, false imprisonment and harassment.

MARTIN LAWRENCE IS NOT DEAD!

What is wrong with people and these death rumors!? There was a rumor that the great comedic talent Martin Lawrence had died in his sleep. NOT. I know this isn’t true, because I would have heard it first. Instead I am getting a rumor just saying he is alive.

The biopic on the life and death of one of hip-hop’s most powerful and iconic MCs arrives April 21on unrated director’s cut and unrated director’s cut collector’s edition on Blu-ray and DVD.

Featuring more than 90 minutes of bonus material, these latest editions include behind-the-scenes footage, 10 deleted scenes, new footage of the real B.I.G., filmmaker commentaries, a digital copy and more.

The film stars the renowned Angela Bassett as Christopher’s mother, Voletta Wallace; Derek Luke as Sean Combs; Anthony Mackie as Tupac Shakur; Antonique Smith as Faith Evans; Naturi Naughton as Lil’ Kim; Julia Pace Mitchell as Jan; Sean Ringgold as Suge Knight; and Jamal Woolard as Notorious B.I.G.

The filmed has grossed $36 million at the box office since opening on Martin Luther King weekend.