The studio seems to be in a weird place right now. After delaying GI Joe: Retaliation until next March, and the constant problems (and ever ballooning budget) of “World War Z”, Paramount seems hesitant to go forward with its other big budget high profile reboot, Michael Bay’s “Teenage Mutant Ninja Turtles” reboot.
That’s right, Paramount has decided to shut down the film INDEFINITELY until “script problems” can be worked out. Which mean pre-production teams have been laid off, and work on the film will stop immediately. Some sources, however, say that the film will be delayed from its original release date of December 2013 to May 2014. But, I doubt that will be the case.
Now, to be fair, this doesn’t mean we’ll never see this film. But, what it does mean is that the film, right to its core, is having issues. Or, maybe fan reactions have been so negative since it was first announced, that Paramount is terrified of putting out a subpar product and damaging the property for good. Platinum Dunes, Michael Bay’s production company, is going to have to figure out what to do now since you can only keep a “hot” director (by industry standard, not mine) like Jonathan Liebesman on the project.
I wonder if Paramount is about to go through a huge shake-up like the one Disney went through in the wake of John Carter.