Starting in 1984 director Wes Craven’s A Nightmare on Elm Street proved to be a successful and lucrative franchise that spawned six sequels, a TV series and Friday 13rth mash up and remake in 2010 that made $117 million off a $35 million so its a surprise that more films were not made. Well you cant keep a good monster down and now there’s news of a Nightmare on Elm Street reboot care of Paramount studios
The rights to the Elm Street reboot…
The original rights of the film are being licensed from the Wes Craven estate, which includes Craven’s widow Iya Labunka and son Jonathan Craven who will also produce the film along with Marc Toberoff, a lawyer who helped the filmmaker’s family regain ownership.
“We look forward to bringing the world of Wes Craven’s Nightmare on Elm Street to a new and completely engaged generation of fans,” said Labunka in a statement. “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.”
And there’s more….
Details of the Nightmare om Elm Street reboot are scarce but it is believed that it will use the original film as a template and will be part of Paramount Primal a label that will partner with up-and-coming storytellers and established filmmakers to produce smartly budgeted films across the horror, comedy, action and science fiction genres. The label is led by J.D. Lifshitz and Raphael Margules, the producers behind films such as Barbarian and Friendship. The duo are known for being prolific in the low-budget world and the intent for the new label is to partner with up-and-coming storytellers
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