Despite the fact that the first sequel did less worldwide business than the original, Sony is betting that 3D can help revive the Men in Black franchise, setting a May 25, 2012 release date for the third installment. This will be the first film Smith has shot since 2008's Seven Pounds, so unless he finds a small film to shoot after MiB3, it's entirely possible he could be offscreen for four years. Sounds like someone needs to line up a 30 Rock guest spot, post haste. [Deadline]