Nickelodeon Acquires Rights to Teenage Mutant Ninja Turtles Franchise

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.

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