Paramount Pictures has closed a deal for the U.S. rights to the original screenplay of A Nightmare on Elm Street, the movie written and directed by Wes Craven that kicked off the popular horror franchise featuring the killer with the metal-claw gloved hand and burned face, and will adapt it into a new feature.
The new Nightmare on Elm Street will hail from Paramount’s new genre label, Paramount Primal, led by J.D. Lifshitz and Raphael Margules, the producers behind films such as Barbarian and Friendship.