Gort
does paramount own this? i looked it up and it says new line cinema distributed it? wtf
Pretty sure Warner Bros owns it. In 2009, Viacom was only able to secure what TMNT rights were owned by Mirage Group and 4Kids Entertainment, but they never struck a deal with Warner Bros for the 1990 movie, which New Line Cinema originally owned the distribution rights for. They probably just didn't give a fuck because they wanted to do their own movies anyway.
The movie did show up on Paramount Plus for a brief period, so some sort of deal must have been struck.
But it's unclear if Paramount, Warner Bros, or a third party who obtained licensing rights from Warner Bros are doing this remaster (I haven't seen any other news besides the Ernie Reyes Jr. post).