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.
Do you think this deal will help the “Turtles” reach a new generation of fans? Which incarnation of the “Turtles” is your favorite? Let us know what you think in the comment section or on Twitter!