We've confirmed this news to be 100% true.
Jonathan Liebesman (Darkness Falls, The Ring) will direct the pic written by David Schow. The story follows a group of kids who run afoul of chainsaw-wielding psycho Leatherface and his demented family.
Andrew Bryniarksi is still not confirmed to return as Leatherface, rumors still indicate he'll be replaced.
The story will apparently reveal Leatherface's origins.