Nickelodeon acquires Teenage Mutant Ninja Turtles
Nickelodeon, the kids channel owned by Viacom, has purchased the global property rights to the Teenage Mutant Ninja Turtles from the Mirage Group and 4Kids Entertainment for $60 million, according to Variety. The deal paves the way for Nick to start producing a CG-animated TV series for the heroes in a half shell. The show is scheduled to begin airing in 2012. Also planned for that year is a new Turtles feature film that will be released by Viacom’s Paramount Pictures.