Chris
Old Coot
Source: http://splashpage.mtv.com/2009/10/21/teenage-mutant-ninja-turtles-gets-new-animated-tv-series/
This looks like this can either be a good thing or a total disaster for the Turtles.
In regards to the current series...
Nickelodeon has picked up the global rights for “Teenage Mutant Ninja Turtles” from the Mirage Group and 4Kids Entertainment in a deal reportedly worth $60 million.
According to The Hollywood Reporter, Nickelodeon will produce a new “Turtles” CG-animated TV series in 2012 to coincide with the new live-action “Turtles” movie. The current “TMNT” animated series will continue to air on The CW network’s Saturday lineup through August 2010.
"’Teenage Mutant Ninja Turtles’ shares a comedic sensibility with the Nickelodeon DNA,” explained Nickelodeon President Cyma Zarghami. "We are extremely happy to have the opportunity to be able to focus on this property and creatively re-introduce it to a new generation of kids."
Under the terms of the agreement, Nickelodeon has also acquired all of the merchandising rights for the “Turtles”, including a longstanding action figure deal with Playmates.
Last year, we brought you someof the first news regarding the upcoming “Teenage Mutant Ninja Turtles” live action/CG-hybrid movie which will be released by Paramount and scheduled to hit in 2012.
“Young Guns” and "The Forbidden Kingdom" screenwriter John Fusco is already onboard the new film, which will be a “reboot” of the classic “Turtles” origin story similar to “Batman Begins.”
This looks like this can either be a good thing or a total disaster for the Turtles.
In regards to the current series...
The deal means that The CW network will next summer lose its animated TMNT series, jointly produced by 4Kids and Mirage. It will continue to air on "TheCW4Kids" Saturday morning programming block through Aug. 31, 2010.