posted by Outsiders in movies at 11:21 AM on 2009.10.21
The Teenage Mutant Ninja Turtles -- one of the most successful franchises in entertainment -- are taking their crime-fighting ways to Viacom.
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.
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.
The "Teenage Mutant Ninja Turtles" animated TV series -- jointly produced by 4Kids Entertainment and Mirage Studios -- will continue to air on "TheCW4Kids" Saturday morning programming block on the CW network through Aug. 31.
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The Teenage Mutant Ninja Turtles -- one of the most successful franchises in entertainment -- are taking their crime-fighting ways to Viacom.
