The film will be based on a script - inspired by a real Japanese murder case - by Eric Heisserer, writer of the in-development Warner/Heydey horror project Dionaea House (aka The Occupants). Nakata will direct and Ichise will produce with Vertigo Entertainment's Roy Lee and Doug Davison.
Nakata and Ichise previously made the landmark horror outings Ringu and Ringu 2. They also worked together - as director, producer and co-writers - on Honogurai Mizu No Soko Kara, the J-horror film remade in the US as Dark Water.
Nakata made his US debut on The Ring 2, the remake of Ringu 2, and recently shot The Ring 3. Ichise produced the US version of The Grudge and its sequel.