Platinum Dunes takes on the Teenage Mutant Ninja Turtles

I'm calling it now. This will be the first Platinum Dunes film I actually enjoy and their biggest box office hit yet. Bank on it. Deadline is reporting that Michael Bay's production house, known for their horror remakes, has been given free reign to produce the next live-action film based on the Teenage Mutant Ninja Turtles. Last year the rights were bought up by Paramount/Nickelodeon for $60M with hopes of jumpstarting the lucrative franchise.

At one point, potential producer Scott Mednick had stated his vision for the future of the Turtles, which consisted of retelling their origin in a fashion similar to the popular Kevin Eastman and Peter Laird comic. The hope was to use a similar technology seen in Where the Wild Things Are to capture the Turtles' look. With Platinum Dunes taking over, and their use of pretty modest budgets for most of their films, this process is likely out the window. The whole thing is basically in totally new hands now, so anything can happen.

The Teenage Mutant Ninja Turtles debuted in 1984 in a violent comic book created by Kevin Eastman and Peter Laird.  They proved to be a huge hit, spawning numerous comic book series and television cartoons. Four feature films have been produced thus far, grossing over $400M worldwide so far.