Variety
http://variety.com
/mar12/ring.jpg
According to Variety, Paramount Pictures has tapped F. Javier Gutierrez to direct the next installment in The Ring franchise. Walter Parkes and Laurie MacDonald are on board as producers, and it is unknown at this time if Naomi Watts will return to star.
Based on a Japanese cult success, the first U.S. film went on to gross $249 million at the worldwide box office. That was enough to justify a sequel, which didn’t match the first one’s B.O. power but still grossed $160 million worldwide despite sucking CG deer dick.
The storyline revolved around a mysterious videotape that, when watched, kills the viewer a week after the person has watched it.
Stay tuned for more as it comes.