That moment came in 2010’s A Nightmare on Elm Street remake, which was rather successful financially. That’s a conversation for another time, but Hollywood runs on money so the question remains; why haven’t we had another Elm Street movie since? For what it’s worth, Bloody Disgusting reported in November 2019 that Craven’s estate was taking pitches for a new Nightmare on Elm Street movie. What we know for sure is that any Elm Street movie moving forward would need to be a reboot of some kind. Warner Bros. recently released A Nightmare on Elm Street on 4K, indicating there’s money to be made.