It would seem that Platinum Dunes (Michael Bay's company) has picked up the rights to do a Nightmare on Elm Street remake. Platinum Dunes was the company behind the Texas Chainsaw Massacre remake of 2003. Contrary to what a number of horror fans felt, I personally enjoyed the Texas Chainsaw Massacre remake. The original TCM and NOES were released by New Line Cinema back in the day and the TCM remake was produced by Platinum Dunes and released by New Line. Granted, the New Line of today is not the same of it was when it was not part of the Time Warner conglomerate. Oh, here is some more trivia.
New Line rereleased TCM in theaters in 1983 AFTER it had been released on Home Video. The re-release had done 3 million at the box office which was a shocking figure for a 9 year old re-release. Of course, the film had been in theaters in one form or another for those 9 years either on the drive in circuit or in midnight screenings as well.
the original distributor of th film was the late, lamented Bryanston films of the 1970's which brought us Andy Warhol's Dracula and Frankenstein.
Anyway, I am looking forward to the new Elm Street film as well. This may prove to be an interesting remake.