Technically Marvel’s press release only refers to the character as Wilson Fisk (Kingpin’s real name) and calls him a powerful businessman. Which is rather understating things. I’m not sure why they wouldn’t be making the connection more obvious, I mean the Kingpin did appear in the Daredevil movie so it’s not like the nature of that character will be a surprise to anyone.
Vincent D’Onofrio is a great choice for the role. he doesn’t perhaps fit the immediate physical image, but if you consider the acting performances he’s given over the years there’s really no doubt he can make this character menacing.
Marvel’s Daredevil (they really like to get the Marvel branding on their shows) will air in 2015 on Netflix and will run for 13 episodes. As with Marvel’s Agents of SHIELD (see!) the show will tie in with the Marvel Cinematic Universe.