'The Ring 3' Might Be A Found-Footage Adventure

Now this is actually interesting and totally makes sense.  If any franchise could go the "found footage" route then it's definitely The Ring series, which is actually in serious talks right now to do so.
The Ring is something that really lends itself to this format right now, so we're talking to [producer] Walter Parkes about doing something with that. 
The above quote is from Paramount's Adam Goodman in  regards to having The Ring 3 be a found-footage adventure.  So what do you think about this revelation?

Source: The Hollywood Reporter