Paramount Pictures have producers Michael Bay, Andrew Form and Brad Fuller on board, and are now in final negotiations in the search for their director.

Hollywood Reporter states that Jonathan Liebesman, who is currently finishing up Wrath of the Titans due out on March 30, will most likely direct the new Teenage Mutant Ninja Turtles movie.

The last rendition we saw of the turtles was in 2007, when Warner Brothers created a CGI film that received mixed reviews.

Writers Josh Appelbaum and Andre Nemec, who scripted Mission: Impossible — Ghost Protocol, will be coming together again to write the Ninja Turtle screenplay.

Do you think the Ninja Turtles will make a high-grossing comeback? Who would you like to see play Leonardo, Raphael, Michaelangelo and Donatello?