Wes Craven has spoken about the possibility of a fifth Scream film and his involvement with another A Nightmare on Elm Street (the remake of which was beyond drivel) film. 

On Scream 5 the legendary horror helmer told CinemaBlend"Kevin (Williamson), when I first talked to him about this project (the upcoming Scream 4) before there was a script, he had an idea for a trilogy, so we’ll have to see what comes out of that. I’m sure Bob Weinstein is open to it if the script or ideas are to his pleasure. He has very high standards. I don’t think he’s in any rush to do it particularly, but on the other hand, I think he’s open to the idea of a trilogy, so at the point when there is an idea that he’s really excited about I’m sure he will begin launching that next film." On 'Nightmare' he was far more certain (and pissed off sounding). He told Movieweb.com of his possible involvement "No! I have no ownership in it. The original people I did it with are all gone. If you have no control or ownership when it comes to those things, and its being taken over by other people, you tend to lose interest. There are much more creative situations that I can get myself into, rather than a situation where I would be working for someone else who is exploiting something I created. It wouldn't be a very happy situation."

There is no bigger Wes Craven fan than me. I've been a huge fan of the man since I was 13; but his last film, My Soul To Take, is one of his worst as a director. I'm really hoping Scream 4 is great - the first two films of that franchise are genuinely excellent. But Scream 4 will have no press in Ireland; no interviews and no press screening. This is because the distributor, Entertainment, don't think our country is worth it; despite us having one of the highest cinema-going rates in Europe. Shame.