Australian director Jamie Blanks ("Urban Legend, "Valentine") has nabbed enough gig (after "Valentine" some may find this quite a surprise), he’ll direct "The Ritual" for Tapestry Films. The project centers on two undergraduates who cross the path of a group of co-eds who are practicing black magic in order to manipulate other students. "Ritual" was originally set up at Dimension Films, however Tapestry is discussing a partnership with Cobalt Media Group that would see the latter finance the project.