Little Red Riding Hood (11:23)
David Kaplan Films; IMDb; Wikipedia

This is in black & white. It stars Christina Ricci, who is one of my favorite actresses (she was 16 when she made this). It's a very bizarre, freaky, sort of kinky version of the classic story. I think I originally saw it on IFC, but I have it on DVD now. Unfortunately, I'm still not sure what else to say about it, except that you may well find it quite disturbing.