According to Risky Business Blog, it looks like Michael Bay's Platinum Dunes and New Line Cinema have tapped director Samuel Bayer for the new A Nightmare on Elm Street.

The film is a franchise restart that centers on the dream-invading serial killer, Freddy Krueger.

Wesley Strick is writing the screenplay.

It looks like this new A Nightmare on Elm Street will borrow a lot from the 1984 version.