The Teenage Mutant Ninja Turtles Moving To Nickelodeon
One of my all time favorite cartoons and the movie was entertaining when I was younger. Well the first one was. Do you guys remember Vanilla Ice in The second film. Forget about it. Well if you don't remember here you go
Nickelodeon, a division of Viacom, has acquired the global rights to the property from the Mirage Group and 4Kids Entertainment. Additionally, Nick's sister company Paramount will steer a new "Teenage Mutant Ninja Turtles" feature to the bigscreen, planned for 2012. Scott Mednick ("300") is producing the pic.
Deal, which gives Nick the global intellectual property rights to the Teenage Mutant Ninja Turtles, cost $60 million.
Since first appearing in a comic book in 1984, the sewer-dwelling characters have spawned myriad TV series, films, video games and toy lines .
Nick, which also acquired all merchandising rights to the Turtles, will begin developing a CG-animated TV series based on the Turtles, also slated to premiere in 2012. Nick will continue to work with its original and longstanding toy partner, Playmates Toys.
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Source-Variety
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