I read about this earlier today, and I am having trouble coming to terms with it. Now I don't have anything against remakes, but this film always struck me as something that you would never see coming from Hollywood. The concept is a little more controversial, and I don't think that America at large would find the story all that palatable. I know that is a sweeping generalization — but I think if you break it down to the individual level you will find many people who really like this or who are genuinely interested.
The original Battle Royale is based on a novel of the same name that took Japanese theaters by force back in 2000. It was directed by Kinji Fukasaku, who also directed the Japanese portion of Tora! Tora! Tora! It has developed a large worldwide audience, and even spawned a sequel. Now it seems that New Line is looking to remake it in America with Neal Moritz producing. The report at Ain't it Cool News says that the plan is for a hard R-rated film, something I'll believe when I see it. I am not sure I believe this will ever come to fruition, at least in a form that does the original justice.
For those of you who have not been initiated to the world of Battle Royale, allow me to tell you a little bit about it. The story is set in the near future, the government is trying to find a way to control the younger population. In response to the increasingly unruly young generation, the Educational Reform Act is instituted, thereafter dubbed the Battle Royale Act. This act allows the government to go to great lengths to subdue the youth. Think of the movie as a combination of Lord of the Flies and The Running Man.
It begins with the kidnapping of a random high school class. Every student is drugged and taken to some remote location, in this case, an island. Once there, they are outfitted with explosive collars, handed a bag with some type of weapon, and sent out into the wilderness one at a time. The goal is to kill your classmates and be the only one left alive at the end of 24 hours, or everyone dies. Makes me glad I'm out of school!