Go to content Go to navigation Go to search

Nickelodeon buys TMNT for $60m

nickelodeon-2009-logoSince Variety is usually considered a pretty reliable source for entertainment news, it seems that the rumors may be true:

Ninja Turtles move to Nickelodeon
Viacom division acquires franchise for $60 million

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.

……….

Source: Variety

The only thing I’m concerned about is whether we’ll EVER see a “mature audiences” side of the TMNT again and what this means for Mirage. For the past few years that side of the TMNT has been taken care of with Tales (and to some extent Vol. 4), but what’s going to happen with the TMNT in the hands of a corporation aimed at pre-teens?

  • Share/Bookmark

Leave a Reply

You must be logged in to post a comment.