'Nightmare on Elm Street' Getting Rebooted by Paramount

Key Points:

• Paramount has acquired U.S. rights to adapt the original screenplay of “A Nightmare on Elm Street” under its new genre label, Paramount Primal, with production involving the Wes Craven estate and Marc Toberoff.
• The untitled film will be set in the world of the 1984 original, focusing on Freddy Krueger, the iconic child killer with a burned face and metal claws, though plot details have not yet been disclosed.
• Paramount Primal, led by producers J.D. Lifshitz and Raphael Margules, aims to create smartly budgeted films across horror, comedy, action, and sci-fi genres, partnering with both emerging and established storytellers.
• The Wes Craven estate, represented by WME, Industry Entertainment, and Ziffren Brittenham LLP, expressed enthusiasm for bringing the “Nightmare on Elm Street” story to a new generation of fans, honoring Wes Craven’s legacy.
• Freddy Krueger has appeared in nine films plus TV and video games, with the last major reboot released in 2010; New Line retains international rights to the series as Paramount moves toward acquiring New Line’s parent company, Warner Bros. Discovery.