Fear Street: Prom Night will premiere on May 23, with Netflix confirming the news in an intriguing announcement trailer.The Fear Street slasher franchise received critical acclaim and the first three movies are highly regarded.Fear Street: Prom Night will follow prom season at Shadyside High, where girls start mysteriously disappearing.The series is based on R.L. Stine's novels and has a retro appeal, making it a successful horror adaptation.