'TMNT' Reboot Directed By 'Battle: Los Angeles' Director Jonathan Liebesman

Posted 12:57 PM February 15th, 2012 by Binh Ngo

Word is that Battle: Los Angeles director Jonathan Liebesman is in talks to direct the franchise reboot of Teenage Mutant Ninja Turtles.

Unlike the last Turtles movie, the new one will be a live-action origin story of the Teenage Mutant Ninja Turtles, so we'll get to see once again how the Turtles came to be. Paramount Pictures will be distributing.

With the exception of the first TMNT movie, none of the sequels managed to break the $100 million mark at the domestic box office.

The first movie, released in 1990, made $135 million domestically on a budget of $14 million.

The second, released in the following year, saw a drop off but made a respectable $79 million on a budget of $25 million.

The third, released in 1993, made only $42 million on a budget of $21 million.

While all three movies made money, the steep drop off at the box office of the third movie signalled that it's time to shelf the series.

Then in 2007, the Turtles made their return to the big screen in TMNT. Unlike the previous three movies, TMNT was animated and more serious in tone - gritty, as the industry like to call it.

TMNT made $54 million domestically on a budget of $34 million. Good, but not great.

From the sound of things, this reboot will probably have the highest budget of all the TMNT movies. I'm guessing it will probably be in the $45-$55 million range, where most of the budget will go into the special effects.

If everything goes well, this reboot may have a chance to crack the $100 million mark, but, then again, may be not.

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