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

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.

Labunka, Toberoff and Craven are producing the new redo with Lifshitz and Margules EPing for Paramount Primal.

Lifshitz and Margules produced Weapons, Barbarian, Companion and Friendship under Boulderlight. The duo headed to the studio from Warner Bros in September 2025 to kick off a new genre label. Today they unveiled the name of that label which will produce “smartly budgeted films across a variety of genres, including horror, comedy, action, and grounded science fiction.”

WME, Industry Entertainment and Ziffren Brittenham LLP represent the Wes Craven estate. 

Get our Breaking News Alerts and Keep your inbox happy.

Comments On Deadline Hollywood are monitored. So don't go off topic, don't impersonate anyone, and don't get your facts wrong.

Δdocument.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );