According to The Hollywood Reporter, a few days before his The Ring Two opens, Hideo Nakata has signed on to helm The Eye for Paramount Pictures.

The Eye centers on a blind woman who receives a cornea transplant. However, she gets more than she bargains for when she begins seeing ghosts and premonitions.

The Eye is an adaptation of the hit Hong Kong horror franchise; a third one is in the works. Nakata directed the first two Japanese Ringu movies as well as the Japanese version of Dark Water. He is also attached to direct Out at New Line.