 When Columbia Pictures bought the film rights to "Annie", it  included the rights to make sequels. Despite the poor commercial  performance of the original film in relation to its high budget,  producer Ray Stark (qv) still kept the idea of making a sequel  alive. It was on and off Columbias production slate for several  years until TriStar Television, noting the original films  popularity with children on home video, agreed to make it as a  made