Nickelodeon acquired the global rights to Teenage Mutant Ninja Turtles from the Mirage Group and 4Kids Entertainment, Inc. and announced a new CGI-animated TMNT television series.

“Teenage Mutant Ninja Turtles is a property that maintains a very passionate global fan base, is rich with opportunity for a tentpole movie and is exactly the right property for us to work together on with Nickelodeon,” said Paramount prexy Adam Goodman.

Per Variety, the Paramount-owned Nickelodeon - current owner of the TMNT franchise - has secured the global rights to the original '80s television series produced by Fred Wolf Films.

On October 21, 2009, Viacom published a press release announcing that it had bought the complete rights of the Teenage Mutant Ninja Turtles franchise from Peter Laird for $60 million, and would be developing a CGI-animated TV series for its Nickelodeon family of channels for broadcast in 2012.

And didn't have a real Studio. It was just a mirage they put out the comics independently through their own Mirage Studios. And created a worldwide phenomenon.

When Rise of the Tmnt premiered, it was meant to last for three seasons. However, low toy sales paired with poor marketing caused Nickelodeon to cancel season 3 and cut season 2 in half. To formally end the series, Rise of the Tmnt: The Movie moved from television to streaming on Netflix.

The Turtles Were Teenagers, So They Were Relatable These days, most superheroes or heroes, in general, are grown-ups, which gives the younger audience something to look up to, but it was special that the heroes kids idolized were supposed to be a few years older than them.

Oroku Saki The Shredder is usually depicted as the alter ego of Oroku Saki, the ruthless leader of a criminal ninja organization known as the Foot Clan. A suit of armor equipped with metal blades and tekko-kagi, loosely based on that of a samurai, serves as the Shredder's visual motif.

While it is the furthest thing possible from official, the Teenage Mutant Ninja Turtles actually share the same origin as Daredevil – which means that technically Shredder is an active villain in the Marvel universe.

In TMNT, Leo was sent away by Master Splinter to hone his skills in becoming a more efficient leader after Shredder's defeat. April finds him in Central America and while he was hesitant to return to New York City, he does at the right time to take on a new force of evil.

Sadly, TMNT 2 and 3 were also axed due to the acquisition of the franchise by Viacom/Nickelodeon, leaving fans to wonder what could have been.