IT'S TRUE! Jackie Earle Haley is Freddy Krueger!

Great Choice! Jackie will be 'the bastard son of 100 maniacs'

Variety reports:

Jackie Earle Haley is going to Elm Street, signing to star as iconic killer Freddy Krueger in New Line and Platinum Dunes' relaunch of "A Nightmare on Elm Street."

Platinum Dunes partners Michael Bay, Brad Fuller and Andrew Form are producing with John Rickard co-producing. Samuel Bayer will direct from Wesley Strick's script, with lensing set to begin next month in Chicago.

Now, this movie can be watchable...even with Michael Bay behind it