Teenage Mutant Ninja Turtles Reboot On Its Way!

It’s moving right along!
The proposed reboot of the Teenage Mutant Ninja Turtles franchise is shooting for a 2012 release date, and Paramount is not messing around!
They’ve reportedly hired Art Marcum and Matt Halloway to write the script, and get this – these two are getting almost $1 million for a first draft ready by October!
Holy shiz! They’re pulling out the big guns for this one, aren’t they?
A source explains:

“The studio is looking at this as its next huge franchise, like Transformers.”

Apparently!
They really must have a lot of faith in this one! That’s a lot of money to lose if this thing flops!
What do U think?? Are U ready for a new NMNT??
[Image via WENN.]