Whoa. I need to lie down.
So what exactly does this mean? If I'm reading this correctly, Nickelodeon would, once the process is finalized, be where 4Kids has been in the past several years: they'd be able to do (almost) whatever they want with the property, with actual ownership still actually residing within Mirage--otherwise, the article would actually say ''TMNT sold to Nickelodeon'', and would probably be worth much more than 60 mil. Or is Matt right, and Nickelodeon does now own the TMNT lock, stock, and barrel?
And what does this mean for the 4Kids' series? Given that whatever agreement they'd had with Mirage apparently left stuff like the old toon out of bounds, does this mean that the 2003 series will be similarly out of bounds to Nick, barring further agreements?
And if we're getting a new series in 2012, I guess that yes, Turtles Forever will be the end of the current cartoon incarnation of the turtles. I'm cautiously optimistic; if Nickelodeon can mix the sort of writing the 4Kids' show had with the production values of something like Avatar, then there's no reason why it shouldn't be awesome. Still, given how well the last cartoon brough the Mirageverse to TV, I'm wondering just what they'll do to make this new series stand out.
Of course, the big question is what this means for 4Kids. If they do retain the rights to everything having to do with their version of the property, then this is a good move--they've probably taken all they can from the show. If on the other hand, they're out of the loop entirely and own nothing related to the series, then the decision makes a lot less sense.