Thats the same guy that did the original of the 'Ring', is it not?
The original was called 'Ringu'?
He is apparently the best horror director right now. He makes freakishly scary movies.
He's doing 2 movies for Hollywood right now, that should both be out over the next two years.
This is cool, because it's the first time that a the US has had such an interest in 'bringing someone in' to do movies for them.
The movies will either be really good, or total crap in my book.
Hope they are the first!