Viacom has purchased the world wide rights to the Teenage Mutant Ninja Turtles franchise for a real steal at $60 million. Nickelodeon is now in the process of developing a new animated television series, and a feature film to be released through Paramount Pictures.

Its goal with TMNT is to reintroduce the franchise to existing and potential fans across various media platforms. The deal also gives Nick all merchandising rights, and the company will continue to work with the franchise’s longtime partner, Playmates Toys.

Both the feature film and animated series are scheduled to arrive in 2012.

via THR

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Stephen Schleicher

Stephen Schleicher

Stephen Schleicher began his career writing for the Digital Media Online community of sites, including Digital Producer and Creative Mac covering all aspects of the digital content creation industry. He then moved on to consumer technology, and began the Coolness Roundup podcast. A writing fool, Stephen has freelanced for Sci-Fi Channel's Technology Blog, and Gizmodo. Still longing for the good ol' days, Stephen launched Major Spoilers in July 2006, because he is a glutton for punishment.

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  1. typhoidhater
    October 22, 2009 at 9:33 am — Reply

    The only news I care about regarding TMNT is when, if ever, Vol. 4 will resume.

  2. Generik
    October 22, 2009 at 1:04 pm — Reply

    Considering some of the other cartoons that Nick is pushing, this is great news in my mind. Avatar is an amazing cartoon that I can watch with my son. Iron-Man Armored Adventures is one of the best looking on TV now. If they can breath fresh life into TMNT, maybe on par with the animated movie a few years ago, I will be a very happy camper!

  3. October 23, 2009 at 10:35 am — Reply

    I’ve been e-mailing Dan Berger back and forth the last couple days (because links to my reviews on the site) and he’s been answering (a lot of) my questions.

    > So, Nickelodeon owns the rights to the comics properties/Mirage, as
    > well?

    Dan: Nick owns the TMNT property, but they do not own Mirage Studios.

    > What’s the future (if there’s even any idea of it amongst you guys)
    > of the comics, then?

    Dan: Peter Laird maintained the rights to publish up to 18 TMNT comics per
    year, but at this time all we plan to do is to continue publishing
    “Tales of the TMNT’ up to May, 2010 (#70). Beyond that, we don’t have
    any plans for publishing (outside of finishing off the Donatello mini-
    series and publishing the full color reprint of TMNT #1).

    > I haven’t checked Peter Laird’s blog for the last couple weeks…
    > is that probably a good idea to get an idea of the change-ups?

    That’s a very good idea. :)

    I hope that helps. It’s a very interesting situation. And, it would be a shame for them to stop publishing (at the very least Tales of the TMNT) because their comics have become pretty edgy and consistently great.

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