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I think the only reason Lionsgate is continuing releases is simply because Nick must be badgering them to buy the series.
There should be no doubt in anyones mind that Nick REALLY wants to own the episodes of the original cartoon. I think if they offer a high amount price Lionsgate will finally sell the rights over to them.
It'll be for the best too. Nick might air the original toon on their block and might get better DVD releases.
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