New Line Cinema Scares Up 'Nightmare on Elm Street' Reboot

New Line Cinema has plans to reboot the "Nightmare on Elm Street" franchise with a new take on the Freddy Krueger legend, scrapping the critically panned 2010 film altogether, according to The Tracking Board.

Though plot details are scare, it's safe to assume that Freddy Kreuger will return in all his nightmarish glory. David Leslie Johnson ("Orphan") is currently on board to pen the script, with Toby Emmerich, Walter Hamada and Dave Neustadter overseeing the project.

In the original "Nightmare on Elm Street" by Wes Craven, the ghost of serial killer Freddy Kreuger (Robert Englund) haunts the dreams of the children whose parents burned him alive. These children, including Nancy (Heather Langenkamp) and her boyfriend Glen (Johnny Depp), experience nightmares about the disfigured killer and razor blade gloves. However, as the nightmares begin to kill them and their friends in their waking life, Nancy and Glen must find a way to stop the supernatural murderer.

Since the original 1984 film, there have been eight more chapters about Kreuger, including a 2010 remake from Michael Bay and Platinum Dunes that was panned by critics and fans alike.

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