Due to the negative reaction to the Nightmare on Elm Street remake and the mixed reaction to the Friday the 13th remake, sequels to both films appear to be on hold. Brad Fuller, the producer over at Platinum Dunes, posted the status update on both films today on his Twitter account:
"Lots of rumors out there. I want to set the record straight on freddy and Jason... First, let's talk Jason . Shannon and swift wrote a great script. We are ready to go, when new line is ready. But as of yet, they are not ready.
As for Freddy, as far as I know, there isnt even talk of writing another script. Rated R Horror movies, right now, don't seem to generate interest from the studios. Everyday we want to hear from any studio that they want a horror movie, but it hasn't happened. So right now we are working on a handful of films, including tmnt, and ouija. There is still hope for rated r horror, because it is profitable, but there is a larger interest in tent pole film."
This isn't great news, but not unexpected either. It is completely possible that New Line could hire a new production company to take a swing at the franchises and try another reboot. This isn't the last we've seen of Freddy and Jason, but they need someone to deliver a fantastic film to merit multiple sequels.