Not much is known about this new adaptation of Wes Craven's 1984 hit A Nightmare on Elm Street. The production company, Platinum Dunes, is not currently listed as producer.
David Leslie Johnson (writer of Orphan) is said to be writing this new version of Nightmare.
In other horror news, three other iconic horror villains will return in 2016.
Chainsaw welding Leatherface will appear in the prequel to 1974's Texas Chainsaw Massacre.
Jason Voorhees will return to Camp Crystal Lake, with Nick Antosca (of Hannibal) is currently writing the sequel to the Friday the 13th films
Lastly, holiday loving Michael Myers will also be be resurrected in Halloween Returns, which will be a stand-alone sequel to Halloween (1978) and Halloween II (1981).