Camelot Entertainment Group and DarKnight Pictures announced that they have signed a deal with A&E for the worldwide television rights to Never Sleep Again: The Elm Street Legacy.

"Freddy Krueger's legacy is timeless," commented Camelot President of Distribution, Jamie Thompson. "BIO is the perfect place to dig into the film and character's history, revealing the creation of the ultimate nightmare."

An update on the "dead" Friday the 13th sequel doesn't offer much promise for an Elm Street 2. It actually backs up some of the fears I expressed in last week's site update.

ShockTillYouDrop has learned that "Platinum Dunes [is] taking baby steps away from the horror genre with plans for a Monster Squad remake and an action film... Read full article here.

The truth is... Platinum Dunes does not seem to be fond of sequels. They have made a total of 8 films, and have only made one prequel and zero sequels so far. We do know that director Samuel Bayer said he would not return for an Elm Street 2, and that Jackie Earle Haley has agreed to do at least two more films.

There was a lot of talk about a Friday the 13th follow-up that never materialized, and Dunes lost the rights to The Texas Chainsaw Massacre franchise -- basically the company's history says an Elm Street sequel is unlikely. Keep your fingers crossed!

Movieweb.com asked Jackie Earle Haley about a possible Elm Street sequel and of course he said he would return.

We already know that Haley signed a contract for three films and that director Samuel Bayer said he will not return.

Check out the interview below.