Freddy Krueger, the psycho killer of New Line Cinema's "A Nightmare on Elm Street" franchise, is returning in a new series of films, courtesy of New Line Cinema. Jackie Earle Hayley, Rorschach in Zack Snyder’s "Watchmen" (2009), will portray Krueger.

According to Box Office Mojo, the Nightmare franchise is the third-highest grossing horror franchise in film history with a lifetime gross of $307,420,075.
Samuel Bayer is directing from a script by Wesley Strick. "A Nightmare on Elm Street" is currently scheduled for an April 16, 2010 release.
Source from Comicbookmovie.com
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