A Nightmare on Elm Street is easily one of the most beloved horror films in history, and most would say one of the greatest as well. Wes Craven’s 1984 classic introduced the world to iconic villain Freddy Krueger (Robert Englund), the literal man of our dreams.

Englund would of course go on to play Freddy seven more times, and the hunger for a new Nightmare film remains strong. Yet, following a panned 2010 remake attempt, the franchise has been in a state of suspended animation, outside of vague reboot rumors.

For his part, Englund fully supports giving another actor a shot at taking up the Freddy mantle, particularly Kevin Bacon. Now though, it looks like any future Nightmare films are in new hands, as Craven’s estate has regained the rights to the property.

Nightmare on Elm Street Remake

This update comes via Bloody Disgusting, and a hat tip to them for the detective work. Apparently, the late director’s estate regained the rights to Nightmare on Elm Street under the same provision that allowed writer Victor Miller to regain Friday the 13th.

For now, it doesn’t appear that a legal battle will happen over the rights, similar to the one between Miller and Friday the 13th director Sean S. Cunningham. That said, one assumes New Line won’t be happy, as they’re famously “The House That Freddy Built.”