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When I was reading oversized black and white TMNT comics in the mid-’80s, I never would have guessed that one day the rights to those characters would be trading for sixty million dollars. But that’s what Nickelodeon just paid to pick up global TMNT rights from the Mirage Group and 4Kids Entertainment. The result of the deal? The rumored new film and a new CG-animated series will both arrive in 2012.

Variety reports the deal, which puts all intellectual property rights and all merchandising rights to the characters into the hands of Nickelodeon. The current animated series, produced by Mirage and 4Kids, will air through the end of October.

No indication is given as to what the new CGI series will look like, and there are few details about the upcoming feature other than the fact that Nickelodeon sister company Paramount and producer Scott Mednick will be behind it. (The previous live-action films and the most recent CGI film were distributed by New Line and Warner Brothers, respectively.) We’d previously heard that the next feature film, aimed for 2011, would be a Mirage Group production written by John Fusco and made with a hybrid live-action CGI style. Mednick was producing at that point as well, so it’s not unsafe to guess that the same approach and creative team will remain intact even after this deal.

The new film has been called a Batman Begins-style reboot which would re-tell the origin of the characters. Co-creator Peter Laird has suggested it might even include the two-legged robot ‘mousers’ which appeared in early issues of the black and white comic series. But a casting call announcement earlier this year, which was obviously premature, sought martial artists to appear as the Foot Clan, which suggests that the film will re-tell the Shredder / April / Foot Clan story seen in altered form in the original 1990 live-action movie.

  • Blake
    So any change of the new movie NOT being rated PG? I've been holding out for a PG-13 movie since I read the comics
  • Octoberist
    people who want a Rated R version are just insane.
  • Tetsuo_Man
    300 made a bunch of money because it was "badass". Most of the time, if a movie is badass, you will go see it and do you know what's even more badass then Spartan warriors slicing off people's heads in slow motion??? Ninja Turtles being hardcore killers. Hollywood is insane for not cashing in on this.
  • Octoberist
    well, not gonna happen. not to say it's a bad idea though, you crazed person you!
  • Guest
    its going to be PG-13
  • As long as they show April's tits n ass its fine with me
  • twstdbydsn
    The only entity that has gotten this right is the original comics, does anyone even care any more???
  • The Great Cambino
    I thought the first movie was actually pretty good.
  • Octoberist
    yeah you say that, but I think more than half of the people here grew up on the cartoon, games and live action movies. You cannot deny, for better or worse, that turtle mania was created by that, and the Turtles were never the same since.

    I do have to say that the original comic was pretty damn good. The first live action movie was great. And underrated. I didn't care for the last CGI TMNT movie though.
  • stu
    BRING IT! Get Martin Campbell to direct and we'll talk.
  • m_manzi
    in light of current Wild Things type puppet/cgi hybrid style i think this can be cool. Turtles 1 is good, i can leave the rest.
  • Solid
    Coolness. That cgi movie was retarded. Hopefully they take this new cartoon series seriously. I can't be alone in wanting tmnt 2003 series to return to its more serious roots. It's just a stupid kids show to the morons who run 4kids, but kids are NOT stupid. My 13 year old niece is smarter than me.
  • Kayla
    no it wasnt!!!
    i thought that the movie was awesome!!! and im 13
  • dude
    no... the cgi movie was crap...watch the first one.
  • Ange
    the first was awsome but you have to admit they do actually look like they can do waht they do in the CGI and at least it was a follow on, I am really not looking forward to them trying to start all over again!
  • mangoshakes
    that is a sweet picture
  • Ryan
    That picture is my background. I was proud!!!one1!
  • A Batman Begins styled Ninja Turtles do-over? Sign me up!
  • Egger_Buckland
    There is no goddamn way the Ninja Turtles are worth 60 million dollars.
  • you underestimate the power of merchandising should the franchise take off again.
  • Egger_Buckland
    Yeah, if you're talking about a freak re-occurance of popularity to rival their 90's heyday, but that's not very likely. The latest Ninja Turtle revival didn't exactly take off.
  • StudioCreations
    I am uber happy to see Eastman and Laird getting a huge chunk of cash for their creations. Not sure if selling the franchise rights all in one lump sum is so good for them in the long run (they could live 30 more years or so and not see another dime). Not sure if the deal particulars is a limited time thing, or an all-in-all buyout of the franchise. Maybe they still get a percentage of profits in the end? It all depends how the deal was penned. $60M is a nice chunk though. Not bad for two guys who made an indie comicbook. Kudos, E&L!
  • angel
    All I can say is they had better not screw it up! And if Raph goes back to that wisecracking loser from the original cartoon then I will simply cry!
  • thomas
    to be honest i like all the movies except the 07 one it was very suckish
    this one will be better
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