New Ninja Turtles TV Series and Film

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In a move that brings a major franchise under the wing of a powerhouse company, Nickelodeon has acquired the global rights to Teenage Mutant Ninja Turtles from The Mirage Group and 4Kids Entertainment, Inc.

Nickelodeon has announced that they are now moving forward on development of a new CG-animated Teenage Mutant Ninja Turtles television series, which will premiere in 2012. That same year, Paramount Pictures (which, like Nickelodeon, is part of Viacom) will release a new Teenage Mutant Ninja Turtles feature film. As yet, it's not clear if the film will be all CGI, like the 2007 TMNT movie, or bring the Ninja Turtles back to live-action.

Nickelodeon has also acquired all merchandising rights to Teenage Mutant Ninja Turtles, and will continue to work with Playmates Toys, who have been the company behind the successful TMNT toys since the 1980s.

"Teenage Mutant Ninja Turtles shares a comedic sensibility with the Nickelodeon DNA, with added layers of action and fantasy that have kept this property an evergreen favorite with multiple generations of audiences," said Cyma Zarghami, President, Nickelodeon/MTVN Kids and Family Group. "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."

"Teenage Mutant Ninja Turtles is a property that maintains a very passionate global fan base, is rich with opportunity for a tentpole movie, and is exactly the right property for us to work together with Nickelodeon," said Adam Goodman, President, Paramount Pictures..

The recent animated Turtles series that wrapped up earlier this year will continue to to air on "TheCW4Kids" Saturday morning programming block on The CW network through Aug. 31, 2010.

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