‘Teenage Mutant Ninja Turtles’ Moving in With ‘SpongeBob’

Oct 22, 2009  •  Post A Comment

Viacom spent $60 million to acquire the rights to one of the most successful children’s media franchises in recent decades, Variety reports.

The company will take over global rights to the “Teenage Mutant Ninja Turtles” from the Mirage Group and 4Kids Entertainment.

A 2012 feature film from Viacom unit Paramount is in the works, to be produced by Scott Mednick ("Where the Wild Things Are") and Galen Walker, who produced the franchise’s 2007 computer-animated film.

Sister company Nickelodeon will develop a CG-animated TV series, also for 2012, and will take over merchandising rights.

–Elizabeth Jensen


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