Will Hollywood's Fatal Frame Adaptation Affect FFV's Localization?

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Areym said:
Game to movie adaptions are almost always awful. This is amplified by the fact that it is a horror game to movie. Real horror movies are harder to come by and I really don't think it will sway Nintendo to bring FFV. FFV might come later on for other reasons but not a movie.

The movie probably won't be an adaption of the game; the Japanese version wasn't, it was essentially a spinoff that borrowed some elements but had a completely new story.