Third Men in Black in Development!

At the Sony Pictures presentation of their upcoming summer line-up, Sony President of Worldwide Distribution Rory Bruer introduced the footage to be shown and said how excited they were about their upcoming line-up for the summer, but also how they are looking forward to 2010 and 2011.

On the latter half of that timeline, he mentioned in passing the previously announced Spider-Man 4 from Sam Raimi and the long-rumored Ghostbusters 3, but the biggest surprise was that Sony plans to go back to the well and make a third "Men in Black" movie as well.

This was the first announcement that Will Smith and Tommy Lee Jones might be back together again, although no further details were given in terms of how far along they are in development, whether there's a script in the works or whether indeed, it will be joining Spider-Man 4 in Sony's summer of 2011.

We expect to hear more on this soon!