Following A Nightmare On Elm Street 4 outperforming it's predecessors and becoming the highest grossing film of the franchise. New Line Cinema, As has become their M.O. try to capitalize on the popularity of the films and the character Freddy Krueger becoming a household name. On August 11th 1989 A Nightmare On Elm Street 5: The Dream Child is released to a lackluster response by not only the britics but more importantly the fans