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Are you ready for a new Scarface? If not, you better get ready!

According to Deadline.com, Universal Pictures is readying the third remake of Scarface. The original 1932 flick and the one we know and love, made in 1983, are both amazing films, but can the magic work for a third time? 

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Before you get too upset at people messing around with the classic, you should know this:

The film is not intended to be a remake or a sequel. It will take the common elements of the first two films: An outsider, an immigrant, barges his way into the criminal establishment in pursuit of a twisted version of the American dream, becoming a kingpin through a campaign of ruthlessness and violent ambition.

The studio is keeping the specifics of where the new Tony character comes from under wraps at the moment, but ethnicity and geography were important in the first two versions.

In the 1932 Scarface, an Italian (Paul Muni) took over Chicago, and in the Brian De Palma-directed remake, a Cuban cornered the cocaine trade in 1980s Miami, only to be consumed by it. Ann Dvorak, George Raft and Boris Karloff starred in the original, and Michelle Pfeiffer, Steven Bauer and Mary Elizabeth Mastrontonio starred in the remake.

Don’t know about y’all, but we’re willing to see what they come up with when they make this updated version of Scarface! How about you?

SOURCE: Deadline