DaRkVeNgeanCe
An Epic Film Guy
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Wes Craven's name has a lot of pull though. If Wes were to write, direct, and executive produce the movie, WB/New Line would likely jump at the chance to release another Nightmare On Elm Street movie. The less work they have to do, the more likely they'll be to say yes.
I take it that you don't keep track of what Craven's said in recent years of the Nightmare franchise, other than the fact that he's been done with it since New Nightmare and has no interest in any way shape or form in any further sequels, or remakes.
The man is still getting royalty checks every other day for his work on the franchise, he has no need to be involved at this point, and whoever said that the studio wanted him back, he hasn't directed a hit in many years.