Andrew Dodge, the writer of Jason Bateman’s Bad Words, has been hired to write the script, according to THR. Michael Bay, Andrew Form and Brad Fuller will produce under their Platinum Dunes banner. The most recent movie franchise incarnation of the heroes in a half shell launched in 2014, and the feature grossed $493 million worldwide. However its sequel, 2016’s TMNT: Out of the Shadows grossed only half of that - $245 million.
The big change this time is Jim Gianopulos, the new chairman and CEO of Paramount Pictures. He was hired in 2017, and according to THR has made it a priority to clean up the studio’s slate and bring focus back to the franchises. Here’s hoping he has a nice can of turtle wax that can bring a shine back to the cinematic property.