Teenage Mutant Ninja Turtles

A Teenage Mutant Ninja Turtles live-action film was planned for 2011. Mirage Studios gave green light for production in April 2009.

Plot
The turtles would do more battle.

Why It Was Cancelled

 * 1) Nickelodeon purchased the TMNT franchise from Mirage Studios in October 2009.

Result

 * The film was cancelled.
 * A reboot film was released in 2014. A sequel followed in 2016.