Michael Bay may be knee deep in directing the third act of the live action Transformers, but his production company Platinum Dunes is moving forward with the reboot of Teenage Mutant Ninja Turtles. Platinum Dunes thus far has stuck to horror remakes of Friday The 13th, Texas Chainsaw Massacre, and the recent Nightmare On Elm Street.

Nickelodeon bought TMNT for $60 Million last year
, and they’ve been eager to get a new series on the air and a new movie in theaters. A script for a new TMNT movie by John Fusco has been bouncing around Hollywood for a year or so, but it will be scrapped for a fresh look at the team.

Platnium Dunes has been pretty hit or miss (mostly miss) with the horror remakes, but delving into the all-ages world of TMNT could be very profitable. Its obvious Nickelodeon wants to capitalize on Bay’s huge Transformers franchise.

What do you think? Would you like to see a lower budget but action packed new live action TMNT?

Source: Deadline