Paramount has started developing a new "Nightmare on Elm Street"
Paramount film studio has begun developing a new version of the cult horror "A Nightmare on Elm Street," Dread Central reported.
According to The Hollywood Reporter, Paramount Pictures has signed a deal to obtain the rights in the United States to create a new film in the famous universe. The project will be developed under the auspices of the new Paramount Primal genre label. Producers J.D. Livshits and Rafael Margulis, representing BoulderLight Pictures, have been appointed to lead this direction. Previously, this duo worked on the creation of the horror film "The Barbarian", as well as on the film "Guns".
The new film will be based on Wes Craven's original 1984 screenplay. The rights to it were licensed from the director's heirs, his widow Ai Labunka and son Jonathan Craven. According to the terms of the deal, they will also produce the upcoming film. Despite the existence of a scenario framework, plot details, the name of the director and information about who will play the role of the main antagonist of the Freddy Krueger franchise are currently missing.
The possibility of returning the rights to the Craven family appeared due to the specifics of American legislation. According to Deadline, the provision of the US copyright act allows authors or their heirs to return intellectual property rights 35 years after its first publication. This process was initiated in 2019 with the participation of lawyer Mark Toberoff.
Prior to Paramount's work, the Warner Bros. studio was engaged in rethinking the series. together with director Lee Cronin, however, the production of that version of the tape was stopped, and the project was closed due to the transfer of rights.
The original Wes Craven film "A Nightmare on Elm Street" was released in 1984. Robert Englund played the role of Freddy Krueger, a burned—out serial killer in a striped sweater who haunts teenagers in their dreams. The film marked the beginning of a large-scale media franchise, which includes eight film sequels, a television series, books and comics. According to Deadline, the total box office receipts of all films in the series currently exceed $438 million.
The last attempt to relaunch the series took place in 2010. In the remake of the same name, the role of Kruger was played by Jackie Earle Haley. Despite its commercial success, the project did not receive a direct sequel, and the franchise was in creative downtime for more than ten years.
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