Creating a sequel to a film about the post-apocalypse is difficult to do when your hero eats a grenade at the end, but that's not going to stop Will Smith and Akiva Goldsman from attempting to raise its moldy corpse from the grave. Word today is that the pair will be back to produce a sequel to their hit film, and have hired Arash Amel, a relative unknown, to craft the script for it.
The Hollywood Reporter says that Smith has "the potential to star," although of course it'd be difficult to see how that would be possible unless this were a prequel to the original story. That might be an interesting tactic to take, though, as New York City's survivors are scrubbed clean by the ever-increasing predations of the fevered masses; the problem there would be, of course, the fact that we all know that Robert Neville winds up on his own at the end, thus leaving the fate of any of his companions not exactly a mystery.
Not much more information is available at the moment, but given that the first film made almost $600 million worldwide, it's no surprise that the producers hope there's some kind of franchise potential here.