20 Things You Didn't Know About Teenage Mutant Ninja Turtles
Tough though it might be to believe for an IP as iconic as Teenage Mutant Ninja Turtles, the 1990 movie actually went into production as an independent film with no major studio backing, and only ended up locking down New Line Cinema as a distributor half-way through shooting.
And so after grossing $202 million worldwide against a mere $13.5 million budget, TMNT became the highest-grossing independent film of all time, a record it would hold for almost a decade until The Blair Witch Project came along in 1999 and grossed $248.6 million on a ludicrously low $60,000 price tag.
The list of studios that initially turned down offers to distribute TMNT include Paramount (who would handle the recent Michael Bay-produced films), Disney, Columbia, MGM/UA, Orion, and Warner Bros., many fearing it would be a box office disappointment. Oh, how wrong they were.