×
You will be redirected back to your article in seconds

Ninja Turtles move to Nickelodeon

Viacom division acquires franchise for $60 million

The Teenage Mutant Ninja Turtles are taking their crime-fighting ways to Viacom.

Conglom has plunked down $60 million for the global rights to the property, considered one of the most successful franchises in the past 25 years given the myriad TV series, films, videogames and toy lines based on the sewer-dwelling characters.

Viacom acquired the rights from the Mirage Group — which has owned the property since 1984 — and 4Kids Entertainment. Paramount will now steer a new “Teenage Mutant Ninja Turtles” feature to the bigscreen, planned for 2012.

Scott Mednick (“Where the Wild Things Are”) is producing the pic alongside Galen Walker, who produced 2007’s computer-animated “TMNT,” the most recent installment in the franchise.

“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 on with Nickelodeon,” said Paramount prexy Adam Goodman.

Additionally, Paramount’s sister company Nickelodeon will develop a CG-animated TV series, slated to premiere in 2012. Nick, which also acquired all merchandising rights to the Turtles, will continue to work with its original and longstanding toy partner, Playmates Toys.

“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 of 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.”

The “Teenage Mutant Ninja Turtles” animated TV series — jointly produced by 4Kids and Mirage Studios — will continue to air on “TheCW4Kids” Saturday morning programming block on the CW network through Aug. 31.

The characters, created by Peter Laird and Kevin Eastman, first appeared in a May 1984 comicbook.

More Scene

  • Katie HolmesAT&T Presents: Untold Stories Luncheon

    Katie Holmes, Kal Penn Help Decide Winner of $1 Million Filmmaker Grant

    Tribeca Film Festival and AT&T gave one young filmmaker a million and one reasons to rejoice at the “Untold Stories” third annual competition. After a nerve-wracking 10-minute long pitch in front of over 850,000 live stream audience members and a panel consisting of celebrities and industry leaders, filmmaker Kate Tsang was awarded $1 million Monday [...]

  • Laurie Metcalf, John Lithgow'Hillary and Clinton'

    Why John Lithgow Worried About Starring in Broadway's 'Hillary and Clinton'

    When Lucas Hnath first conceived of “Hillary and Clinton” in 2008, he was writing for and about a very different America. Now, a total reimagining of the show has made its way to Broadway with Laurie Metcalf and John Lithgow in the titular roles. At the opening on Thursday night, the cast and creatives talked [...]

  • Patrick Page, Amber Grey, Eva Noblezada,

    'Hadestown' Took 12 Years to Get to Broadway, but It's More Relevant Than Ever

    When “Hadestown” was first staged as a tiny, DIY theater project in Vermont, those involved could never have predicted that it was the start of a 12-year journey to Broadway — or how painfully relevant it would be when it arrived. At Wednesday night’s opening at the Walter Kerr Theatre, the cast and creatives discussed [...]

  • Mick Jagger

    Mick Jagger Makes First Post-Surgery Appearance at Rolling Stones Ballet Premiere

    Rock legend Mick Jagger made his first public appearance post-heart surgery on Thursday night to catch a glimpse of the world premiere of the Rolling Stones ballet “Porte Rouge.” “I hope you are going to enjoy this wonderful new ballet, and, of course, the music,” the frontman declared in a pre-recorded message to the audience [...]

  • Adam Driver appears at the curtain

    Adam Driver on Starring in 'Burn This' for a Second Time

    The Hudson Theatre’s new production of “Burn This” marks its first Broadway revival since it premiered on the Great White Way in 1987, but Adam Driver is no stranger to the work. He starred as Pale in a Juilliard production of the Lanford Wilson drama when he was still a student — and only now, [...]

  • PMC Event Rome

    Film, Fashion, Formula E Mix at Rome E-Prix Bash

    Film, fashion and Formula E auto-racing fused during a dinner and celebration of the Rome E-Prix on Thursday at the Palazzo Dama by the Piazza del Popolo in the heart of the Eternal City.  Guests mingled and sipped cocktails as hors d’oeuvres were passed around in a former home of the Italian nobility with conversation [...]

More From Our Brands

Access exclusive content