Rohter's article continues:

Now The Wrap reports that the new Scarface "will reimagine the core immigrant story told in both the 1932 and 1983 films. Universal's update will be an original story set in modern day Los Angeles that follows a Mexican immigrant's rise in the criminal underworld as he strives for the American Dream." The Wrap also states that the current draft of the screenplay is by Attanasio.

Sneider writes, "The filmmakers plan to cast an authentic Latino who is bilingual and bicultural as the lead character, whose name will be Tony, though his last name won't be Camonte (1932) or Montana (1983). While Oscar Isaac, Edgar Ramirez and Michael Pena rank among Hollywood's top Latino stars who are age-appropriate for the role, the producers are also open to casting a complete unknown in the name of authenticity." Sneider adds that "the new Scarface will be a more mythic origin story that explores where Tony's physical and emotional wounds come from and how they shaped him as a man.

"Larraín won the coveted job with his commanding and passionate vision. An insider told The Wrap that Larraín really connected to the material and, as someone who has never worked within the Hollywood studio system, he brought an outsider perspective that allowed him to relate to the main character and his narrative. "Harry Potter filmmaker David Yates had previously been in negotiations to direct but his commitment to Tarzan prevented him from signing on."

The new Scarface is being produced by Martin Bregman, who produced the Brian De Palma version, and Marc Shmuger.

"And yet for older, stodgier types who never went there in their teens or 20s or did and are determined to keep those memories in a locked box (or for those who can’t handle the crude sexual exploitation of women, which has always been a nocturnal characteristic of arrogant Wall Street types), Wolf is going to be seen as an ugly three-hour romp and nothing more. It’s not judgmental enough, Belfort is too much of a prick, what’s the point of this? and so on.

"This is why I’m calling The Wolf of Wall Street the new Scarface. It has so far been shat upon in certain quarters by the same kind of harumphy industry crowd that despised Brian De Palma‘s 1983 crime pic. And just as Scarface eventually became a cult flick (especially among 'urban' rapper/hip-hop types who idolized gangsta culture and the swagger of Al Pacino‘s Tony Montana) it’s probably going to be embraced by (a) present-day party animals and by (b) 40- and 50-somethings those who remember their druggy days and want to enjoy them once again by proxy — a three-hour tour."

Wells continues, "The Scarface Wiki page interprets the film’s reception as follows: 'According to AMC’s "DVD TV: Much More Movie" airing, Cher loved it [but] Lucille Ball, who came with her family, hated it because of the graphic violence and language, and Dustin Hoffman was said to have fallen asleep. Writers Kurt Vonnegut and John Irving were among those who allegedly walked out in disgust after the notorious chainsaw scene. At the middle of the film, Martin Scorsese turned to Steven Bauer and told him, "You guys are great but be prepared, because they’re going to hate it in Hollywood…because it’s about them."

“'Leonard Maltin was among those critics who held a negative opinion of Scarface,' the page says. 'He gave the film 1 1/2 stars out of four, stating that ‘…[Scarface] wallows in excess and unpleasantness for nearly three hours, and offers no new insights except that crime doesn’t pay.’ In later editions of his annual movie guide, Maltin included an addendum to his review stating his surprise with the film’s newfound popularity as a cult-classic.'

"This is why The Wolf of Wall Street is the only truly bold and nervy film in the Best Picture circle right now. It’s both appalling and gutsy as hell — a wild-ass moralistic 'comedy.' It’s clearly condemning Belfort’s behavior and yet…"

Moroder then tells Anderson about the theme's versatility. "It works quite well with a big orchestra, and it works quite well with just a piano. There’s one section [in the movie] when Tony kills someone, and there I played kind of soft; I think it’s just a bass line. So it works well both big and small." Visit the EW post to listen to the remix, which is also available on Moroder's SoundCloud page. As Rado pointed out to us some time ago, the latter features some tracks that were not avaiable on the released soundtrack to Scarface.

Bauer also repeated his story of being conratulated by Martin Scorsese following an early Hollywood screening of the film. Here's how Couch writes it: