We haven't seen a Del Toro directed movie since 2013's fantastic Pacific Rim, so you'd better believe the world is ready for a return to his particular brand of horror.
He told Deadline Hollywood that he wanted this film to feel like a "throwback" in an attempt to get away from the found-footage/B-movie horror that has grown en vogue over the past decade or so. And that's just what this movie appears to show.