We reported back in October that Nickelodeon had secured the worldwide rights to a popular franchise and it seems they're partnering with some heavy hitters for a new live-action film. Deadline New York is reporting that Platinum Dunes will be producing the new Teenage Mutant Ninja Turtles live-action film with Nickelodeon and Paramount Pictures.

It was said that Dunes principals Michael Bay, Brad Fuller and Andrew Form will be producing the film along with Galen Walker and Scott Mednick. The site reported that the producers will start taking meetings with writers over the next few weeks.

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We also reported last July, before the Nickelodeon deal was announced, that screenwriter John Fusco was writing the script for this new film, but since it appears that Platinum Dunes will be taking meetings with writers, that Fusco will likely not be involved in the project.

We'll be sure to keep you posted with any new details on this upcoming Teenage Mutant Ninja Turtles live-action film project as soon as we have more information.