The rapper/actor/entrepreneur will executive produce and appear in the movie, which also featured Laurence Fishburne and Wesley Snipes.
Movie mogul Brian Grazer, who will produce the film, tells the New York Post, ''Sean optioned the rights to remake King of New York for two years. The film is a cult classic, and it will be great to remake it.
Continue reading: Sean 'Diddy' Combs To Remake The King Of New York Film
Walken has worked with the American film-maker on King of New York and THE ADDICTION and appreciates his erratic approach.
He says, "I know him well so I understand him when he gets very pumped up and frantic and goes off on a rampage on the set.
Continue reading: Walken Appreciates Working With Erratic Film-Maker