ANOTHER Freddy movie in the works!

A few days ago it was revealed that Paramount and the Craven estate were pressing forward with a brand new Elm Street movie - based on Craven's original screenplay. However, whilst Paramount retains the domestic rights to the franchise, the international rights belong to Warner Bros/New Line. And they are developing their own Freddy film, with Lee Cronin (Lee Cronin's The Mummy) set to direct. Now Paramount were (and are still) in talks to buy Warner Bros, which makes this all a bit messy. Rather than working together, pre-deal, it looks as if they might be going up against each other directly. Either way, looks like we're getting two brand new Elm Street films to look forward to...