There have been numerous versions of this story already, from Disney's much loved animated feature to the recent travesty Beastly. Guillermo Del Toro is also said to be interested in directing his own take with Harry Potter's Emma Watson, and there is another French version of the story out there too; the bizarre 1975 flick La Bête (The Beast). There have been a few comic book adaptations too, including a limited series from Marvel with X-Men's Beast and Dazzler! Gans also wrote the screenplay of the French language version, with a budget of around €33 million ($43.2 million). Silent Hill is generally considered to be among the best video game adaptations out there (not exactly difficult I know), and his genre mixing Brotherhood Of The Wolf is something of a flawed masterpiece imo so I'm looking forward to this.
No US/UK release dates yet, but the movie opens in France on February 12, 2014.