Cult Classics Series 2 New Nightmare Freddy Action Figure, Wes Cravens New Nightmare. From the mind of Wes Craven, Freddy s origin and appearance are re-imagined. Freddy is revealed to be the embodiment of ancient evil who had been contained through the stories thatwere told about him. After The Final Nightmare Freddy is able to break free from his character s fictional existence and cross over to reality.