Nickelodeon Acquires Global Rights to Teenage Mutant Ninja Turtles
Nickelodeon, part of MTV Networks, has acquired the global rights to the Teenage Mutant Ninja Turtles from The Mirage Group and 4Kids Entertainment.
The acquisition provides Nickelodeon global intellectual property rights to Teenage Mutant Ninja Turtles, the hit television, film and video game property that has delighted kids around the world for the last 25 years, said Nickelodeon.
To develop a new CG-animated television series based on the popular superhero franchise, anticipated to premiere in 2012. Additionally, in partnership with Viacom's Paramount Pictures, a new release of a new Teenage Mutant Ninja Turtles feature film is also planned for 2012, added Nickelodeon.
Cyma Zarghami, president of Nickelodeon/MTVN Kids and Family Group, said: “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.”
Gary Richardson, CEO of Mirage Studios, said: “Nickelodeon is a powerhouse global brand, and we are confident that the company will be a wonderful steward for Leonardo, Raphael, Michelangelo, Donatello and all the other TMNT characters and take them in all kinds of exciting and new creative directions.”
Alfred Kahn, chairman and CEO of 4Kids Entertainment, said: “We will work with Mirage and Viacom so that our Turtles' licensees can be assured of a seamless transition.”
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