New 'Nightmare on Elm Street' Movie in the Works From Paramount (Exclusive) The Nightmare on Elm Street franchise has been a staple of horror cinema since Wes Craven's 1984 original.
The film was launched by New Line Cinema at a time when independent film companies were trying to establish themselves in the market.
Now, Paramount Pictures is revisiting Craven's iconic creation through its new genre label, Paramount Primal. The deal involves Paramount acquiring the U. S.