Paramount Pictures Secures Film Rights To ‘A Nightmare on Elm Street’ Franchise

Paramount Pictures announced that they have secured the film rights to A Nightmare on Elm Street from the Wes Craven Estate.

paramount pictures a nightmare on elm street reboot banner

Today, Paramount Pictures announced that they have secured the film rights to A Nightmare on Elm Street from the Wes Craven Estate. Warner Bros., under its New Line Cinema production banner, created the original slasher film series and the 2010 reboot. A new film is now in the works under the Paramount Primal production banner. “We look forward to bringing the world of Wes Craven’s Nightmare on Elm Street to a new and completely engaged generation of fans. We know that Wes would have been thrilled to see how horror is taking its long-overdue place in the cultural canon. We can’t wait for all of us to sit together in a dark theatre – around the campfire of today – as the next chapter of the Nightmare story unfolds,” said Wes Craven’s widow, Iya Labunka. Not much is known about the new film beyond “set in the world of A Nightmare on Elm Street, based on the original screenplay.” Actor Elijah Wood has long wanted to reboot the franchise if the film rights were ever figured out.

A Nightmare on Elm Street reboot has no set release date


Source: The Hollywood Reporter

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Caleb began his film and television news reporting career during high school in 2008 by creating Superhero Movie News and part-time writing on ComicBookMovie.com. Eventually, he started Omega Underground with Christopher Marc in 2015. Breaking some major news stories throughout the industry and gaining recognition as a respectable film reporter on social media.

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