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Paramount Eyes Family-Friendly Live-Action ‘TMNT’ Reboot With ‘Sonic’ Producer as ‘Last Ronin’ Paused

The Skydance-led studio is pivoting to a four-quadrant live-action/CG approach modeled on Sonic to maximize its fully owned Turtles IP.

Overview

  • Neal H. Moritz is in negotiations to oversee a new live-action Teenage Mutant Ninja Turtles film franchise for Paramount, with Toby Ascher also set to produce, according to multiple reports.
  • The R-rated adaptation of The Last Ronin has been shelved for now, with sources saying the door could remain open to revisit the project later.
  • Nobody filmmaker Ilya Naishuller had been in talks to direct The Last Ronin before the new regime deprioritized an adult-skewing first return to live-action.
  • Showrunner Christopher Yost confirmed that Tales of the Teenage Mutant Ninja Turtles was canceled mid-production, reflecting a wider slate reset under new ownership.
  • The animated Mutant Mayhem sequel remains on the calendar for September 17, 2027, as the studio pursues a reported plan to “Sonic‑fy” the Turtles with a family-focused live-action/CG hybrid.