Just to put this in caps:
IT'S NOT MIYAZAKI WHO'S DIRECTING, IT'S HIS SON GORO.
That being said, yes, this is his first attempt at directing. Before this he was the curator/head of the Ghibli Museum. (which I LOVE)
Further information about this new movie:
It will be based specifically on the third Eathsea book "The Farthest Shore" with apparently a couple storylines taken from the Earthsea sequel book "Tales from Earthsea."
Studio Ghibli is the only studio Ursula K. LeGuin approves of for making her books into movies. She absolutely hated that terrible mini-series that aired on the Sci-Fi Channel.
Despite it not actually being Miyazaki I am really looking forward to this. I was surprised that it's coming out so soon, it kinda slipped under everyone's radar! I just really hope that Disney starts working on releasing it stateside too, but so far they've given little attention to the non-Miyazaki flicks. Hopefully the fact that it's based on the popular fantasy novels will give them extra incentive.
And I absolutely LOVE the song playing in this trailer.