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New Line Cinema is in negotiations with director Michael Bay's production company to hatch a new film series based on Wes Craven 's classic 1984 horror flick, A Nightmare on Elm Street.

The resurrection of Freddy Krueger, the fedora-favoring,razor-gloved haunter of teen dreams, has been a priority for New Linefor quite some time, according to the Hollywood trades.

Before Lord of the Rings came along, Elm Street was the studio's most lucrative property, generating more than $300 million in total ticket sales, per Box Office Mojo .

With The Hobbit prequels still two to three years away, New Line is looking to revive that old Elm Street revenue stream.

The horror franchise included eight films and spawned two TV series.

Before 2003's comedic Freddy vs. Jason smackdown, which generatedabout $83 million domestically, Krueger last donned the claws for1994's New Nightmare, in which Freddy returns to haunt the dreams ofCraven and original Nightmare star Heather Langenkamp .

No word whether Robert Englund will reprise his role as the iconic Krueger, a character thatranked 40th in AFI's countdown of the top 50 movie villains of alltime. The 59-year-old actor continues to remain active, appearing intelevision, numerous B-movies and lending his voice to such animatedseries as Batman and Justice League .

It's also unclear whether the filmmakers will pick up where the oldNightmares left off or whether the new film will be a complete reboot.Scribes will not be assigned to work on the project until after thewriters' strike is over.
E Online

A Freddy Krueger Comeback

 Grissom Back For Another Season OF CSI

William Petersen is, quite literally, returning to the scene of the crime.

Following lengthy negotiations with CBS, the CSI star has finally signed on to a ninth season of the procedural, albeit for a reduced number of episodes.

Whileit was a smart move for the network—though Petersen has taken midseasonhiatuses in the past and the show is more about the crimes than thecrime investigators, he has always been the actor most identified withthe show—it was arguably an even better move for the star himself.

Per the trades, Petersen will stay on board CSIthrough the 2008-09 season, with his salary averaging out to roughly$600,000 per episode, cementing his status as one of the small screen'shighest-paid actors.

While the exact number of episodes Petersenwill appear in next season has yet to be specified, it will amount toless than the full season order, mirroring his 2006-07 season, when hetook a four-episode break—during which he was temporarily replaced by Liev Schreiber—while he starred in the play A Dublin Carol in Providence, R.I.

Petersenhas already signed on to appear in the play in his hometown of Chicagofrom Nov. 13 to Dec. 21, effectively counting him out of a good portionof the midseason.

The contract is good for only one season,through May of next year. If the show continues and Petersen, who alsoserves as an executive producer on the series, continues on it, he'llneed to renegotiate the terms of his deal next year.
E Online