Freddy Reboot Moves Ahead as Rival ‘Elm Street’ Film Folds

It's been a rocky few months for Paramount & Warner Bros as they finally merged into a brand new cinematic powerhouse known as Skydance Corporation. 

For anyone who's been keeping track, this is kinda good news for the reported A Nightmare on Elm Street reboot. Up until this week, there were two projects currently fighting over Krueger; Paramount who picked up the rights from Wes Craven's estate to remake the original script, and Warner Bros working with New Line on developing their own reboot. welllllll... things have changed! With Paramount & Warner Bros sharing a bed (and we imagine Freddy hovering above them through the wall, as they sleep), they simply don't need two films anymore. Hizaar!!!

A Freddy Reboot Done Properly

So what does this all mean? Well, all that legal nonsense and in-fighting is over. Skydance have access to both the original script with the Paramount deal, and access to Krueger's wider work through New Line Cinema (and parent company Warner Bros.). So Whilst the New Line film is now dead in the dream world, the Paramount reboot will go on, and we super suspect that New Line will pick up some sort of production rights. Even if New Line is left out in the cold, the merger has made the original franchise within easy reach, if they ever needed to delve into that world. But one thing is clear... A new Nightmare on Elm Street is in production, and it will be a fresh reboot based on Wes' original screenplay.

The Wes Craven Legacy

The fact that Wes Craven's estate entrusted the Paramount crew, with Iya Labunka (Scream 4 Producer), Jonathan Craven (son of filmmaker Wes Craven and producer), and Marc Toberoff (Predator: Badlands Producer) all settling into a producer role, means that they surely have the fans in mind for this new film. It felt like Warner Bros were just looking to push a film out due to the merger... Paramount want to preserve Wes' legacy. For all horror fans, this is great news.

Now that all the dust has settled, let's get back on track and MFGA (Make Freddy Great Again)!

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