According to Deadline, Rogen and Goldberg would be working on the CGI animated film through their own studio, Point Grey Pictures while its IP would be handled by Nickelodeon. I will also be an original full-length story which contrasts Michael Bay's own live-action reboots from 2014 and 2016.
Gravity Falls director Jeff Rowe would also be directing, adding to the production team's experience of self-aware comedy for the ninja turtles. It's still unknown how the stars would fit into a new plot and its villains. While Michael Bay's Teenage Mutant Ninja Turtles films managed to add Shredder, Krang, Bebop and Rocksteady, the new CG one could feature something different with significant appearances from familiar baddies.
“Adding Seth, Evan and James’ genius to the humor and action that’s already an integral part of TMNT is going to make this a next-level reinvention of the property," ViacomCBS Kids & Family President told Variety.
The Ninja Turtles movie would also be Nickelodeon's first full-length big screen film, after previously dabbling with made-for-TV titles based on Hey Arnold, Fairly Odd Parents and Drake & Josh. For Nickelodeon, it's unclear if the upcoming movie is connected to their existing Teenage Mutant Ninja Turtles series from 2012 or 2019 - the most recent reboots of the franchise.
The announcement from Nickelodeon didn't come with a release date or estimated time for production.