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.