'Teenage Mutant Ninja Turtles' Gets New Animated TV Series

TMNTNickelodeon 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.”

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!

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- Live-Action 'Teenage Mutant Ninja Turtles' Movie To Hold Open Auditions

- 'Teenage Mutant Ninja Turtles' Producer Talks Plot, Characters And Potential Cameos In Reboot