10 Things You Didn't Know About A Nightmare On Elm Street
3. The Film Saved New Line Cinema From Bankruptcy
A Nightmare On Elm Street’s resounding commercial success that we discussed earlier wasn’t just money in the bank - it’s also the reason New Line Cinema has managed to stay afloat in the years since. Founded in 1967 and churning out plenty of financial failures until it finally balanced on a precipice of make or break with A Nightmare On Elm Street - it was only when the movie managed to hit it big that they could then haul themselves back into the filmmaking game.
On a larger scale, we technically have A Nightmare On Elm Street to thank for The Lord of the Rings trilogy, since Robert Shaye’s gambles on movies that got New Line Cinema into a mess back then was the very same that allowed Lord of the Rings to be financed all in one go.
The studio joking refers to itself as ‘The House That Freddy Built’ in reference to his helping claw. And so they should, eh?