While news hit earlier this year that Mirage was working on a prequel/reboot film for Teenage Mutant Ninja Turtles, it appears that things have changed. Nickelodeon just picked up the rights for the franchise from them for a cool 60 million bucks and has plans for a new TV series and feature film.

“Teenage Mutant Ninja Turtles shares a comedic sensibility with the Nickelodeon DNA, with added layers of action and fantasy that have kept this property an evergreen favorite with multiple generations of audiences,” said Cyma Zarghami, president, Nickelodeon/MTVN Kids and Family Group. “We are extremely happy to have the opportunity to be able to focus on this property and creatively re-introduce it to a new generation of kids.”

They’re also probably pretty happy that they’ve got all the merchandising rights, as well. Judging from how many goddamn action figures they sold to me and my friends alone that’s probably worth more than the film.

Both the new CG-animated TV series and film will kick off in 2012. Is the world ready for a TMNT reboot?