Paramount’s Nightmare on Elm Street advances as Warner Bros. shelves its rival
Dread Central reports that Warner Bros.’ planned A Nightmare on Elm Street film, with Lee Cronin in talks to write and direct, is no longer moving forward. Paramount Primal’s film, based on Wes Craven’s original screenplay and backed by his estate, is now the only version in development, though no writer or director has been announced.
Bottom line — Paramount Primal’s Craven-backed film is the sole Elm Street project moving forward.
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Dread Central says Paramount licensed US rights to a new film from the Craven estate in July 2026.
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MovieWeb reports Warner Bros. and Paramount had been developing competing films before coming under the same corporate ownership.
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Dread Central says Warner Bros. retained international rights, while Paramount’s project draws on Craven’s original screenplay.
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Nerdist notes that using the original screenplay does not require a shot-for-shot remake; the new film’s plot remains undisclosed.
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Dread Central reports that Iya Labunka and Jonathan Craven are producing, with J.D. Lifshitz and Raphael Margules executive producing.