Here's some potentially interesting news: According to Page Six, Diddy may be teaming up with director-producer Brian Grazer to remake the '90s classic King of New York, with Diddy taking the lead role originally portrayed by Christopher Walken. From the report:

The Ciroc and Revolt TV mogul has joined forces with Imagine Entertainment’s Grazer to remake the gritty drama, which starred Christopher Walken, Laurence Fishburne and Wesley Snipes, about a former drug lord who returns from prison to wipe out his competition and distribute the profits of his lucrative operation to help the poor by building a public hospital in a ghetto neighborhood.

Apparently, Grazer also told Page Six that Diddy—who just launched his new music network, Revolt TV, last week—optioned the rights to remake King of New York for two years, and that their version "won’t be exactly the same," but it will have "the same hard-core gangster feel" as the original film.

"Sean wants to be in it, he was amazing in ‘Monster’s Ball,’ and such strong characters sit perfectly with him." It helps that Diddy is already the King of New York, as he said in an interview with Power 105's The Breakfast Club earlier this month. 

Production, if this project does indeed happen, is slated to begin next year. 

[via Page Six]