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Paramount to Develop New A Nightmare on Elm Street From Wes Craven’s Original Screenplay

The Craven estate licensed U.S. rights to the 1984 script, positioning the untitled film as the priority launch project for Paramount Primal.

Overview

  • Paramount closed a deal Monday to license U.S. theatrical rights from the Wes Craven estate to adapt Craven’s original 1984 A Nightmare on Elm Street screenplay into a new feature.
  • Iya Labunka and Jonathan Craven will produce the project with attorney-producer Marc Toberoff while J.D. Lifshitz and Raphael Margules will serve as executive producers for Paramount Primal.
  • The untitled film is in priority development at Paramount Primal but the studio has not named a director, cast, writer or release date.
  • New Line Cinema retains international rights, creating split territorial control that follows the Craven estate’s 2019 rights recovery under U.S. copyright reclaim rules handled by Toberoff.
  • Paramount Primal is billed as a label for smartly budgeted genre films, and the project revives a dormant franchise that will draw close attention to legacy stewardship and casting including whether Robert Englund will have any role.