News of a live adaptation of the hit Japanese animated series "Death Note" have been circulating for a while now. Several reports claimed that Adam Wingard has just been tapped to create the horror film.

According to Stack, Adam Wingard, known for his work in cult horror films such as "You're Next" and "The Guest" will be taking over for Shane Black to direct the highly anticipated movie, who backed out because of previous commitmets.

"Death Note" will be produced by Roy Lee of "The Woman in Black" and "The LEGO Movie." Meanwhile, the screenplay will be written by Jeremy Slater, who recently wrote "Fantastic Four."

Here is the full synopsis of "Death Note" via Breathe Cast:

"Light Yagami is an ace student with great prospects - and he's bored out of his mind. But all that changes when he finds the Death Note, a notebook dropped by a rogue Shinigami death god. Any human whose name is written in the notebook dies, and now Light has vowed to use the power of the Death Note to rid the world of evil. But when criminals begin dropping dead, the authorities send the legendary detective L to track down the killer. With L hot on his heels, will Light lose sight of his noble goal...or his life? Light tests the boundaries of the Death Note powers as L and the police begin to close in. Luckily Light's father is the head of the Japanese National Police Agency and leaves vital information about the case lying around the house. With access to his father's files, Light can keep one step ahead of the authorities. But who is the strange man following him, and how can Light guard against enemies whose names he doesn't know?"

The "Death Note" series ran from 2003-2006 and has sold over 25 million copies of Japanese manga worldwide.