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Craven produced A Nightmare on Elm Street on an estimated budget of just $1.8 million, a sum the film earned back during its first week. An instant commercial success, the film's total United States box office gross is $25.5 million. A Nightmare on Elm Street was met with rave critical reviews and went on to make a very significant impact on the horror genre, spawning a franchise consisting of a line of sequels, a television series, a crossover with Friday the 13th, beyond various other works of imitation; a remake of the same name was released in 2010.

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  • A Nightmare on Elm Street (New Timeline)
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  • Craven produced A Nightmare on Elm Street on an estimated budget of just $1.8 million, a sum the film earned back during its first week. An instant commercial success, the film's total United States box office gross is $25.5 million. A Nightmare on Elm Street was met with rave critical reviews and went on to make a very significant impact on the horror genre, spawning a franchise consisting of a line of sequels, a television series, a crossover with Friday the 13th, beyond various other works of imitation; a remake of the same name was released in 2010.
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  • Craven produced A Nightmare on Elm Street on an estimated budget of just $1.8 million, a sum the film earned back during its first week. An instant commercial success, the film's total United States box office gross is $25.5 million. A Nightmare on Elm Street was met with rave critical reviews and went on to make a very significant impact on the horror genre, spawning a franchise consisting of a line of sequels, a television series, a crossover with Friday the 13th, beyond various other works of imitation; a remake of the same name was released in 2010. The film is credited with carrying on many tropes found in low-budget horror films of the 1970s and 1980s, originating in John Carpenter's 1978 horror film Halloween, including the morality play that revolves around sexual promiscuity in teenagers resulting in their eventual death, leading to the term "slasher film". Critics and film historians argue that the film's premise is the question of the distinction between dreams and reality, which is manifested in the film through the teenagers' dreams and their realities. Critics today praise the film's ability to transgress "the boundaries between the imaginary and real", toying with audience perceptions.
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