With blockbuster remakes like "The Ring" and "The Grudge," which were originally known as "Ringu" and "Juon" in Japan, the reimagining of Japanese horror films has grown into a booming business for Hollywood lately.

The new wave of Japanese horror films, referred to as J-horror, delight Hollywood producers and terrify American audiences with their unique style, which relies more on psychological effects to create fear instead of gory visual images.

"In my view, it's 9/11," said lawyer Schuyler ddMoore, who made the deals to remake two Japanese horror movies into "The Ring" and "The Grudge," explaining one reason for the recent success of J-horror movies at the box office in the U.S.