Bloody Disgusting first broke the news in January that New Line Cinema was considering a return to the Nightmare on Elm Street franchise, but had no solid ideas. Today, The Hollywood Report brings the official word -- New Line will team up with Michael Bay's remake-machine production company Platinum Dunes for what appears to be a remake of the 1984 original.

Yes, it just might. Rumor spouting machine and Freddy Krueger himself, Robert Englund, recently spoke to JoBlo.com about why Freddy vs. Jason vs. Ash fell through, and what to expect in a future film incarnation featuring the two titular titans of terror. Englund hints at Michael Meyers entering the fray, but who knows if that will happen.

Freddy vs. Jason 2's development status has been on and off. First we hear it's going to happen, and that Ash will be joining the battle, then we hear that that idea has been completely scrapped, then we hear that there are no plans for the sequel, then we hear there are, then we hear there aren't again, and so on and so forth.