Paramount develops third ‘Teenage Mutant Ninja Turtles’ franchise

Paramount has launched the development of a third 'Teenage Mutant Ninja Turtles' movie, two years after 'Out of the Shadows' which left viewers disappointed.
(Source : Getty Images)
(Source : Getty Images)

The wait has been long but finally, we can shout "Cowabunga!" again. Paramount is developing a new 'Teenage Mutant Ninja Turtles' movie to relaunch the franchise, which will be their third installment. The studio has made two Ninja Turtles movies based on the 1980s comic by Kevin Eastman and Peter Laird that had an entire generation of cult following especially in the late 1980s and early 1990s.

The first movie, released in 2014, grossed $493 million worldwide while 2016’s 'Out of the Shadows', mellowed with $245 million. The movies starred Megan Fox as April O'Neil and Will Arnett as her cameraman Vern. Both films starred Pete Ploszek as Leonardo, Alan Ritchson as Raphael, Noel Fisher as Michelangelo and Jeremy Howard as Donatello. However, both the movies weren't massive hits. However, in 1987, the Turtles got their own animated show which became hugely popular around the world, leading to toys, video games and a live-action film in 1990 and two sequels.

New Line released three low-cost 'Teenage Mutant Ninja Turtles' movies in the early 1990s. While the first film was a hit with $201 million worldwide, the second grossed $78 million domestically, and the third took in $42 million. The first and the second version of Paramount's 'Ninja Turtles' were made before Jim Gianopulos took over as chairman of the studio and ever since he's taken over the chair, the executive is focusing on getting the studio's franchises back in shape.

Now that Paramount has hired 'Bad Words' writer Andrew Dodge to pen the script, insiders are now hoping that the script will "bring a patina of quality" to the franchise, according to The Hollywood Reporter. Michael Bay, Andrew Form and Brad Fuller (the trio behind John Krasinski's A Quiet Place) will produce through their company Platinum Dunes.

Dodge was praised for his writing on 'Bad Words', a script that had made it on to Hollywood's 'Black List' of the best as-yet-unproduced screenplays. Dodge is currently said to be working on 'Space Jam 2' and the comedy 'O' Lucky Day', which has 'Game of Thrones' Peter Dinklage as the star.

As for those who aren't aware of the franchise, 'Ninja Turtles' chronicles the adventures of four mutated turtles in their teens, named after Renaissance artists; Michelangelo, Raphael, Leonardo and Donatello, using ninja skills acquired from a radioactive New York City rat.

GET THE BIGGEST ENTERTAINMENT STORIES
STRAIGHT TO YOUR INBOX.

MORE STORIES

'High Potential' starring Kaitlin Olson is set to come back with Season 3, and now we've the first look shared by the actress.
3 hours ago
Mystery Inc. is one step closer to returning to screens after a major Netflix update, but one key detail remains missing.
4 hours ago
‘M.I.A.’, created by Bill Dubuque, released all its nine episodes on May 7 on Peacock
7 hours ago
‘Line of Fire’ starring Peter Krause premieres Monday, September 21, 10/9c, only on NBC
9 hours ago
‘The Walking Dead: Dead City’, starring Jeffrey Dean Morgan and Lauren Cohan, just aired the Season 3 finale on AMC
10 hours ago
John Stewart finally gets Hal Jordan’s ring in ‘Lanterns’ Episode 5, but what he does with it changes everything
10 hours ago
Maggie and Negan face off against Dillard and his crew to save the community from his wrath
11 hours ago
The ‘Lioness’ team finally catches a break in the hunt for Joe, but it raises new questions
12 hours ago
Netflix is developing an animated ‘Diablo’ series with Blizzard as the game franchise celebrates its 30th anniversary.
1 day ago
Season 3 ended with Georgia’s pregnancy twist, setting up paternity questions and tensions for Season 4
1 day ago