Paramount Primal Becomes Sole Studio Developing New Nightmare on Elm Street Film

Overview

• Dread Central and trade outlets confirmed Tuesday that Paramount Primal is now the only studio actively developing a new A Nightmare on Elm Street movie.
• Paramount completed its acquisition of Warner Bros. Discovery on October 6, a deal that ended a separate Warner effort and coincided with leadership changes reported at Warner.
• Paramount’s project is being developed through its Paramount Primal label and is based on Wes Craven’s original screenplay with producers including Jonathan Craven, Iya Labunka, Marc Toberoff, J.D. Lifshitz, and Raphael Margules.
• The studio has told press the new film will not be a shot-for-shot remake, but it has not announced a director, writer, cast, release date, or plot details.
• The case grew out of an unusual split of rights, with Paramount holding U.S. theatrical rights and Warner holding international rights, and the consolidation now concentrates creative and distribution control under one owner while fans wait for more creative details.