Paramount Hires 'Iron Man' Scribes For New 'TMNT' Feature

Deadline reports that Paramount Pictures has hired it's Iron Man scribes Art Marcum and Matt Holloway to pen a new draft for a reboot of the Teenage Mutant Ninja Turtles. The studio paid $60 million last year for the film, TV and video games rights to the property and wants to fast track a new picture for a 2012 release.

Paramount envisions the Turtles as it's next big franchise, in the vein of how Transformers movies have boosted the company's profits over the last three years. With a third (and possibly final...for the time being) film in that series due next Summer, TMNT would provide a great new avenue of revenue for the studio.


According to the source, Paramount shelled out approximately $1 million for the writer's, who have just completed their script for a Highlander reboot that Justin Lin will direct after he finished Fast Five. Platinum Dunes, which is Michael Bay's, Andrew Form's, and Brad Fuller's company, is producing along with the original producers Scott Mednick, Galen Walker, and Marina Norman.