Wes Craven:I think the only way to stop him is to make another movie. Now I swear to you I'm gonna stay by this computer and keep writing until I finish the script, but... when the time comes, you're gonna have to make a choice.
Heather Langenkamp:Choice? What kind of choice?
Wes Craven:Whether or not you will be willing to play Nancy one last time.
Wes Craven's New Nightmare is the seventh A Nightmare on Elm Street film, released in 1994, ten years after the original.In the real world, people behind the Elm Street films are preparing for a new installment. As this goes on, it becomes apparent that Freddy Krueger has seemingly come over the wall separating reality and fiction, and is now haunting the actress Heather Langenkamp, who played Nancy in the films.Despite being one of the better received Elm Street films, the film wasn't as big at the box office, garnering 16 million dollars with its 8 million budget.
This film provides examples of:
Adult Fear: Although Heather's troubles are being caused by Freddy, they're based on real-world fears that don't actually require a supernatural presence. The doctors can't tell what's wrong with her son, her son wanders off into traffic, she loses her husband in a car accident, she's got a stalker and an earthquake damages her house.
Your young son climbing to the very top of a jungle gym will give any parent palpitations, much less him leaping off.
Big Bad: The Freddy Krueger in this film is one even moreso than the Freddy Krueger in the mainstream continuity. It is an ancient entity of evil, which according to Wes Craven has existed in various forms throughout history. It is therefore behind many other monsters, and has spread more misery and destruction than Freddy ever did, who's mostly confined to Elm Street.
Callback: Many to the first film and to the sequels. This includes the Freddy and Alice morphing head from The Dream Child appearing as a prop at the beginning and Robert Englund quoting the "You are all my children now!" line from Freddy's Revenge.
Deconstruction: The theme of the film is the fact that, as one character says, “Every kid knows who Freddy is. He’s like Santa Claus, or King Kong," and also people have a hard time judging reality from fiction, such as Heather being asked if she would trust her son around Robert Englund, just because he's an actor who happens to play Freddy. Of course, the concept goes meta when not only is Heather's experiences with a stalker written in, but actually worked the real life Los Angeles earthquake that happened during filming into the plot. In the end, Craven considers Freddy just a fairy-tale (as seen with the tie-in to Hansel and Gretel, and Heather reading the script as if it were a storybook to her son.)
Disproportionate Retribution: Much of why this Ancient Evil is going after Heather, is because he was mode locked into being Freddy for 10 years and believes himself to be Freddy. Because Nancy, the character Heather played in the first and third movie is Freddy's enemy; he believes that in order to cross over into the real world for good, he has to kill Heather. Something Wes Craven himself lampshades.
Famous Last Words: Julie's "help me" right before Freddy snaps her neck. The palpable fear in her eyes and the sheer desperateness of the request, considering she's asking this to a five-year-old kid, are quite obvious.
Looks Like Orlok: Freddy's new design resembles Orlok quite a bit, as he doesn't wear his hat as often, wears a long coat and has more curved and organic looking claws. At one point he mirrors the pose from the trope image, immediately before the Shout-Out mentioned below.
Me's a Crowd: When Dylan is crossing the freeway, he sees a group of Freddys at the other side.
Mr. Exposition: Wes Craven serves to explain the entire plot to Heather Langenkamp (and by extension the audience). He tells her about the Entity that has taken on the form of Freddy Krueger, that it has been released due to the end of the movie series and is trying to cross over into reality, and that Heather is the only one who can stop him.
What Happened to the Mouse?: The movie leaves it ambiguous what happens to Robert Englund. The last we see of him he seems to have become possessed by the Freddy Entity. It's unclear if Freddy ultimately took over his body to fight Nancy or not, and if he did, whether that means that Heather killed Robert.