Here is the official press release from Imagi Services USA about the new TMNT:
For immediate release.
Imagi Services President and CEO Tom Gray announces the signing of Kevin Munroe to write and direct a new CGI-animated feature-length Teenage Mutant Ninja Turtles film. The Teenage Mutant Ninja Turtles will ramp-up their booming revival with an animated film that will take advantage of new technology developed since the last Turtles film was released in 1993. Now in pre-production, the film is targeted for U.S. release in spring 2007.
Kevin Munroe has done extensive animation work during the last decade including video games, television series, and original comic books. He has worked in developing both the writing and design of animated projects for companies such as Disney, Warner Bros., Cartoon Network, WWE, Fox Kids, The Henson Company, Kids WB, Dark Horse Entertainment, IDW Publishing and Nickelodeon. Besides working in all aspects of production design and storyboarding on shows such as Nickelodeonâ€™s â€œHey Arnold!,â€ Munroe also created, wrote, produced, designed, and directed the CGI Christmas special â€œDonnerâ€ for ABC. His projects have been optioned by Walt Disney Feature Animation, Stan Winston Studios, and Brett Ratnerâ€™s Rat Entertainment in addition to co-writing another Imagi feature, Cat Tale. Munroeâ€™s writer/director deal was negotiated by Gray and Alan Grodin of Weissmann, Wolff, et al., and Brent Weinstein of UTA.
The Teenage Mutant Ninja Turtles have enjoyed over 20 years of success in the U.S. and around the globe. Having shot to mainstream popularity with hit TV series, top grossing films, number one selling toys and enduring comic books, the property has generated over $6 billion in revenue. The first of the three live-action films grossed $135 million domestically, setting a seven-year box office record for independent releases. Today, the new hit TMNT TV series is in its third season with a fourth set to run through 2006 on 4Kids TV (formerly Fox Box) and the Cartoon Network in the U.S. In addition, the show is broadcast in major markets throughout Western and Eastern Europe, Asia, Latin America, Africa, the Middle East, and Australia. The new TMNT film will be produced by Tom Gray (who guided the first Turtles trilogy through production) and Galen Walker of Imagi. Executive Producers are Francis Kao, Gary Richardson, Frederick Fierst, and Peter Laird, who co-created the Teenage Mutant Ninja Turtles with Kevin Eastman. The picture deal was conducted by Gray and Walker of Imagi, Grodin of Weissmann, Wolff, et al., Richardson of Mirage Licensing, and Fierst of Fierst, Pucci & Kinder.