The dismal performance of Teenage Mutant Ninja Turtles: Out of the Shadows has Paramount rethinking the future of the franchise. A source from inside the studio has reported just how drastic the reaction is.
The studio is reportedly going to fire the writing team currently working on the third movie in favor of a full on reboot. A reboot means all new director and all new design for the turtles. There is still a debate among the higher ups on whether to stay live action or go back to animated. There’s a debate over the profitability of big name actors and the tried and true model of targeting to kids.
It’ll be interesting to see if Michael Bay can work his Voodoo and convince the studio to give him another chance.