In what appears to be a reboot of the series, "A Nightmare on Elm Street" is getting another big screen adaptation for a theatrical release.

According to The Wrap, the new film will be recasting the role that Jackie Earle Haley played in the first reboot series back in 2010. That film was met with critical disgust, but still turned in a good size profit for New Line Cinema.

Worldwide, the first reboot brought in $115 million. But critics and fans did not take well to the film and generally booed it away. The film's success was largely due to the character of Freddy Krueger that was made famous in the '80s by actor Robert Englund.

The first film, which was created and directed by horror maestro Wes Craven, spawned several sequels throughout the '80s and '90s and even saw Krueger go head-to-head with another famous horror villain Jason Voorhees back in 2003.

The original film centered around Krueger, who was trapped inside a boiler room and burned alive by the small town parents of child murder victims after Krueger was released from charges on the murders due to a technicality.

After death, he took on a supernatural presence and started invading the dreams of the kids, who were now teenagers. He would kill them in their dreams, which in turn killed them in real life.

Nancy Thompson (Heather Langenkamp) was the heroine from the first film. She defeated Freddy by bringing him to life outside of her dreams.

The film also starred a young Johnny Depp and John Saxon.

According to Us Weekly, the 2010 remake starred Haley along with Rooney Mara. The duo set a similar story in motion, but deviated from the original plot in regards to Krueger's back story.

The new reboot is still in the early stages and writer David Leslie Johnson has been brought in to pen the script. Johnson's other writing credit was for the horror film "Orphan."