Roland Emmerich (2012) told Latino Review that he and Dean Devlin would like to make a sequel to Independence Day, confirming that there’s even a story for the sequel, but wouldn’t elaborate on any details: “Oh yeah! There’s a story. There’s a very really good great story, a very cool one. Apparently the hold-up involves the 20th Century Fox, who is still trying to work out contract details with all the principals:
LatinoReview: I heard there was a script for a sequel. What’s the real reason there is no sequel?
Emmerich: Dean Devlin and I are still set to make a sequel likely because we’ve found some sort of idea and we approached FOX and FOX has not quite figured out how to incorporate Dean’s and my deal, and Will’s (Smith) deal. Will wants to do it in some sort of a package they can live with. So it’s just been in negations now since forever, and naturally FOX says “Why don’t you do it without Will Smith?” I said Will is essential for us, for this movie and actually for the audience too. And, so, it’s in limbo and lately the studios are fighting. Like gross players, and Will is a gross player and is probably the only gross player right now who’s worth his gross. So we’ll see what happens. I would love to do it.