Nickelodeon And Paramount Announce "Teenage Mutant Ninja Turtles" Sequel; To Be Released In 2016

The entertainment industry news websites Deadline.com and The Hollywood Reporter are reporting the exciting Nickelodeon Movies news in the following articles that, following the hugely successful opening weekend for Nickelodeon Movies and Paramount Pictures' brand-new "Teenage Mutant Ninja Turtles" movie, Paramount Pictures today, Sunday 10th August 2014, announced that Nick and Paramount are making sequel TMNT film, which is currently set for release in theaters (cinemas) on Friday 3rd June 2016! The announcement was made by Brad Grey, the chairman and Chief Executive Officer (CEO) of Paramount Pictures.


'Teenage Mutant Ninja Turtles 2', the second movie from Nick and Paramount's new TMNT film franchise, will again be produced by Michael Bay alongside his Platinum Dunes partners Andrew Form and Brad Fuller, with Galen Walker and Scott Mednick. Screenwriters Josh Appelbaum & André Nemec ("Mission: Impossible Ghost Protocal") are also coming aboard again to write the sequel and will also receive an executive producing credit. It's not clear if Jonathan Liebsman will again direct.

It is also currently unknown whether Megan Fox and Will Arnett will return to reprise their roles of fearless reporter April O'Neil and her wise-cracking cameraman Vern Fenwick.

Upon opening worldwide on Friday 8th August 2014, Paramount Pictures and Nickelodeon Movies'"Teenage Mutant Ninja Turtles" has wowed in its North American debut by making $65 million so far at the box office. Worldwide, the movie has opened to $97.3 million.

From THR:

Box Office: 'Teenage Mutant Ninja Turtles' Wows With $65M Domestic Debut

UPDATED: The Michael Bay-produced movie steals the top spot from "Guardians of the Galaxy," with Paramount immediately announcing a summer 2016 sequel.

Launching a new film franchise, Paramount and Nickelodeon Movies'Teenage Mutant Ninja Turtles wowed in its North American debut with $65 million, becoming the second August tentpole after Guardians of the Galaxy to wildly overperform. Worldwide, the movie opened to $97.3 million, prompting Paramount chief Brad Grey and producer Michael Bay to immediately announce a sequel, set for release June 3, 2016.

TMNT is a needed win for Paramount, which makes fewer movies than other studios. It also exploits parent company Viacom's various divisions.

TMNT screenwriters Josh Appelbaum and Andre Neme are returning to write the script for the sequel.

The family friendly film, earning a B CinemaScore, easily bested Guardians to claim the No. 1 spot domestically. Guardians certainly held its own, however, falling a respectable 56 percent in its second weekend to $41.5 million for a domestic total of $175.9 million. Globally, the Marvel Studios and Disney tentpole raced past the $300 million mark after earning another $40.1 million for a foreign total of $137.3 million and world haul of $313.2 million.

In North America, Guardians and TMNT are helping to shore up the otherwise troubled summer box office, where revenue was down a steep 20 percent two weeks ago. Revenue is now down by 17 percent or less.

Guardians placed No. 2 domestically, followed by new entires Into the Storm and adult dramedy The Hundred-Foot Journey, which opened to $18 million and $11.1 million, respectively. The weekend's fourth new nationwide film, Step Up All In, opened to $6.6 million, a franchise low. The dance film is making up ground overseas, where it has earned $37.7 million for a worldwide total of $44.2 million.

Heading into the weekend, the $125 million TMNT was expected to debut in the $50 million to $55 million range, and its better-than-expected performance underscores the pent-up appetite for family fare, even though it is rated PG-13. Bay's Platinum Dunes shepherded TMNT for Paramount and Nickelodeon. (There's already a new television series.)

Males fueled the film (61 percent), while 45 percent of Friday's audience was under the age of 25.

Directed by Jonathan Liebesman, TMNT stars Megan Fox, Will Arnett, William Fichtner, Danny Woodburn, Abby Elliott, Noel Fisher, Jeremy Howard, Pete Ploszek, Alan Ritchson and Minae Noji. It's based on the characters created by Peter Laird and Kevin Eastman.

In the film, four outcast brothers rise from the sewer and discovery their destiny as Teenage Mutant Ninja Turtles while working with a fearless reporter (Fox) to save New York City from Shredder and his evil Foot Clan.

"To know moviegoers are embracing the Turtles with such enthusiasm is everything that we and all our filmmakers have been hoping for. Along with our partners Michael Bay and Platinum Dunes, and of course Cyma Zarghami and everyone at Nickelodeon, we are thrilled with this weekend’s result, the enduring power of this franchise, and the opportunity to make another one," Grey said in a statement.

Paramount Film Group president Adam Goodman added, "Launching a new take on the turtles into the feature film world was a daunting task because as fans of them ourselves, we felt a great responsibility to ensure audiences were going to experience everything they loved about the turtles, while also getting to see them brought to life in a way they had never been seen before."

New Line and Warner Bros.' tornado disaster film Into the Storm, earning a B CinemaScore, opened to less than half of Twister's $41.2 million debut nearly 20 years ago, not accounting for inflation. (That film was also from Warner Bros.) Lacking any big stars but boasting plenty of tornadoes, Into the Storm cost under $50 million to make.

Into the Storm played heavily to females (58 percent), while a full 71 percent of the audience was over the age of 25. Steven Quale directed the found-footage movie

Going after adults was DreamWorks and Participant Media's dramedy The Hundred-Foot Journey, about dueling French and Indian chefs in a small French town.

The $22 million film, directed by Lasse Hallstrom and based on the book by Richard C. Morais, has plenty of pedigree behind the camera in producers Oprah Winfrey and Steven Spielberg, while star Helen Mirren is a big draw for older moviegoers. Middling reviews likely muted the film's showing, although it did boast an A CinemaScore. More than 40 percent of the audience was over the age of 50.

From Summit Entertainment, Step Up All In is the fifth installment in the dance franchise. Trish Sie directed the movie, which stars Ryan Guzman, Briana Evigan, Stephen "tWitch" Boss, Misha Gabriel, Izabella Miko, Alyson Stoner and Adam Sevani. Step Up All In received a B+ CinemaScore, with females making up 59 percent of the audience.

At the specialty box office, CBS Films' romantic comedy What if, starring Daniel Radcliffe and Zoe Kazan, launched in 20 theaters in 10 top markets, grossing $130,000 for a location average of $6,500, on par with Promised Land and just behind The Young Victoria in terms of location average.

What If earned an A- CinemaScore, and will continue to expand next weekend.

Also, from Deadline Hollywood:

'Teenage Mutant Ninja Turtles' Sequel Underway; Bay To Return

On the strength of the $65M-plus domestic opening of Teenage Mutant Ninja Turtles, Paramount announced this AM that a sequel is underway with Michael Bay steering the production once again. The project from Nickelodeon Movies will bow on June 3, 2016. Bay will produce alongside his Platinum Dunes partners Andrew Form and Brad Fuller, with Galen Walker and Scott Mednick. Screenwriters Josh Appelbaum & André Nemec (Mission: Impossible Ghost Protocal) are again coming aboard to write the sequel and will also receive an exec producing credit. It's not clear if Jonathan Liebsman will again direct. Kudos to Paramount's marketing team led by Josh Greenstein — talk about negotiating from a place of strength.

The date for the sequel will come only a week after the studio bows Monster Trucks and in the same weekend scheduled currently for Warner Bros.'San Andreas starring Dwayne "The Rock" Johnson and 20th Century Fox's B.O.O. Bureau of Otherworldly Operations starring Bill Murray, Melissa McCarthy and Seth Rogen so, I would think, that eventually one of the three studios is going to blink and move off the date.

The surprise box office hit bowed in 17 markets internationally this weekend to take in an estimated $28.7M (final figures will be out tomorrow). So its worldwide total is around $97.3M, depending on today's grosses. Teenage Mutant Ninja Turtles has been playing well both during the family moviegoing matinees and the older 25 to 35 demo-pushing evening and late night showings. Paramount and Michael Bay who together just launched another franchise this summer after kicking it earlier in the summer with a gonzo $95.7M opening for Transformers: Age of Extinction. It's been a Michael Bay summer for the studio. Some have called the latest Turtles revamp Transformers with Turtles.

"Launching a new take on the Turtles into the feature film world was a daunting task because as fans of them ourselves, we felt a great responsibility to ensure audiences were going to experience everything they loved about the Turtles, while also getting to see them brought to life in a way they had never been seen before," said Adam Goodman, President of Paramount's Film Group in a statement this AM. "The result exceeded our high expectations and the response to the film is beyond great, making it all the more fun to get started on the continuation of their story."

Much of its opening success was propelled not only by family audiences, which the Paramount marketing team was largely responsible for getting them into the theaters, but also the 25 and and 35 year-olds — kids who grew up watching the animated series on Saturday mornings.

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