Premise: A Nightmare on Elm Street is a 1984 American slasher film written and directed by Wes Craven , and the first film of the Nightmare on Elm Street franchise . Craven filmed A Nightmare on Elm Street on an estimated budget of $ 1.8 million , a sum the film earned back during its first week . The film went on to gross over $ 25 million at the United States box office . A Nightmare on Elm Street is an American horror franchise that consists of nine slasher films , a television series , novels , and comic books .
Hypothesis: A Nightmare on Elm Street is a book.
Label: NEUTRAL