50+ Low-Budget Films That Became Huge Box Office Successes

Wes Craven, a popular horror movie director, was also in charge of this popular classic. A Nightmare On Elm Street was a game-changer in the horror genre as it depicted almost realistic violence that shocked audiences around the world. The movie introduced the world to Freddy Krueger, a serial killer with taloned gloves and a melted face.

Freddy would claim his victims by chasing them in their dreams and slaughtering them in unimaginable ways. Rumors say that some teenagers had trouble falling asleep after watching A Nightmare On Elm Street! The movie had a small $1.1-million budget but grossed over $55 million!