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