Don’t Expect a Teenage Mutant Ninja Turtles 3, Says Producer

[Andrew NDB]

Originally Posted by frank_one

I think they will end up releasing a third movie direct to video though.

That's actually a possibility. Scaled way back, just as sh*tty. Though I think the general thinking is that that would dilute the brand... i.e., if public perception sets in that TMNT is only a direct-to-video franchise, it would be a lot more difficult to ever rise above that later on.