‘A Nightmare On Elm Street’ Original Screenplay’s U.S. Rights Head To Paramount And Its New Genre Label Primal Before Warner Bros Merger

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Before Paramount has even swallowed up Warner Bros., the Melrose lot, along with the former Boulderlight duo J.D. Lifshitz and Raphael Margules under their new genre label Paramount Primal, have taken the U.S. rights to the original screenplay of A Nightmare on Elm Street. The idea is to reboot the franchise at Paramount. New Line still has international rights.

No writer has been assigned.

The Wes Craven estate, which includes Iya Labunka and Jonathan Craven, licensed the U.S. rights to Paramount. How did this come to be when this has been a lynchpin franchise for New Line? Why are

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