The Teenage Mutant Ninja Turtles are to return to the big screen after 14 years away, according to trade paper Variety.
The four mutant turtles featured in a popular TV cartoon series
The comic-book superheroes - last seen on screen in 1993 - will appear in a computer-animated feature that is set for release in early 2007.
"We think a new generation of kids will love discovering Turtles," said Warner Brothers president Jeff Robinov.
Written and directed by Kevin Munroe, the film will be distributed by Miramax founders Harvey and Bob Weinstein.
The humanoid fighting turtles caused a worldwide sensation when they were adapted for television in 1987.
They have also appeared in comic books and computer games
Named after the Renaissance painters Leonardo, Donatello, Michelangelo and Raphael, the series coined the word "Cowabunga!" and sparked a craze for terrapins as pets.
The film version that followed in 1990 led to two sequels. The trilogy made more than $256m (£146m) in North America.
According to Variety, the new film will be far grittier and more adult than the originals and will feature state-of-the-art computer-generated graphics.
Action director John Woo had previously been linked to the project.