Universal has commissioned Straight Outta Compton screenwriter Jonathan Herman to pen a new version of the blood-soaked classic, according to the Hollywood Reporter.
Chilean filmmaker Pablo Larrain will reportedly direct the new production, while Marty Bregman – producer of the 1983 version – is also said to be involved in the update.
Itself a remake of the 1932 original set in Chicago, Brian De Palma’s 1983 film told the rags-to-riches story of Cuban immigrant Tony Montana’s rapid rise within Miami’s underworld.
Al Pacino’s portrayal of the movie’s hero ensured its status as a cult favourite, spawning a host of cultural references including numerous homages from the hip-hop world.
Montana’s line, “Say hello to my little friend”, has become one of the most memorable in movie history.
The character has since inspired a series of other anti-heroes on the big and small screen, including Breaking Bad’s Walter White.
The show’s creator, Vince Gilligan, told Rolling Stone magazine: “I like to picture viewers losing sympathy for Walt. With every episode, yet another viewer or two is saying, ‘You know, I’m not with this guy anymore. I’m watching him, but I’m not sympathising.’
“This is a guy moving along a continuum toward ultimately becoming Scarface.”