For better or worse…. The Hollywood Reporter writes that a new Nightmare on Elm Street movie is in the works, with Paramount Pictures having earned the rights to the franchise in order to bring the world of the horror classic to a modern audience.
The new film will be the first under the studio’s new label, Paramount Primal, which will “partner with up-and-coming storytellers as well as established filmmakers to produce smartly budgeted films across a variety of genres, including horror, comedy, action, and grounded science fiction.” (Read: low-budget filmmaking!) This initiative is led by J.D. Lifshitz and Raphael Margules, who produced Zach Cregger’s breakout film Barbarian.
There are no details right now so don’t get fooled by internet memes saying that Robert Englund is coming back because we have no idea who will be involved in and what fashion.
But hear us out, if they want to make this successful just hire on Michael Flanagan..
