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Nickelodeon Acquires Rights to Teenage Mutant Ninja Turtles Franchise

Deal worth $60 million, new CGI series to premiere in 2012

Mike Reynolds (Multichannel News) -- Broadcasting & Cable, 10/21/2009 11:24:39 AM

Nickelodeon has acquired global, multiplatform rights to the Teenage Mutant Ninja Turtles franchise for some $60 million.

The deal with The Mirage Group and 4Kids Entertainment gives Nickelodeon the global intellectual property rights to TV, film and video game property.

Nickelodeon also announced plans to develop a new CG-animated television series based on the popular superhero franchise, with a premiere expected in 2012.

Read the full story at Multichannel.com

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