Both borrow heavily from rich traditions in comic books, history, and fiction, both rely on graphic situations, dramatic tension, and good character development. Cinematics and cutscenes are basically minimovies that move the action along. But games like Men in Black and Johnny Mnemonic stand as cautionary tales. This is not to say it can't be done. Aliens vs. Predator was a good example of a game that took movie monsters, combined them with game concepts, and succeeded in making an entertaining game that stands on its own merits.
Movies really tell one story one way to an audience.
In games, it's told two ways, and translating between the two is where it fails. The following is a list of horror movies that, treated correctly, could make damn good games. They're listed alphabetically, and as always, you'll have a chance to talk back and give us your picks at the end.