Will Smith has reportedly asked for $50 million to shoot both sequels back-to-back, which Fox declined. Nothing is official yet, since negotiations were halted to focus on the scripts, but it seems Fox is willing to make the sequels without Will Smith.
While specific plot details weren't given, it is said both sequels will tell a single story and are being crafted much like Back to the Future Part II and Back To The Future Part III.
Will Smith does not have his next movie completely locked in yet, which is a positive sign for the Independence Day sequels. We reported in April that the actor will star in M. Night Shyamalan's sci-fi tale One Thousand A.E. with his son, Jaden Smith. However, pre-production is moving very slowly, with Sony taking its time to get the story right before shooting begins.
Independence Day was released July 3rd, 1996 and stars Will Smith, Bill Pullman, Jeff Goldblum, Mary McDonnell, Judd Hirsch, Robert Loggia, Randy Quaid, Margaret Colin. The film is directed by Roland Emmerich.