Got this info off my friend, not sure how reliable it is, but i checked imdb and it seems correct.
A Nightmare on Elm Street (2010)
On January 29, 2008, Variety reported that Michael Bay and his Platinum Dunes production company would be rebooting the Nightmare on Elm Street franchise.[35] Producers Brad Fuller and Andrew Form told ShockTillYouDrop.com that they hoped to begin shooting the film as early as Spring of 2009.[36] Samuel Bayer was contacted to direct. The Risky Business Blog hosted by The Hollywood Reporter confirmed Robert Englund will not reprise the role of Freddy.[37]