Michael Bay is not loved by many, many people. Yes, he makes money; but only to the lowest mental creatures who have no opinion and accepts everything put in their faces.
After ruining the Transformers, I hoped he was done... I was wrong.
He's working on TMNT, but guess what? He changed them into something else. For one, they are not mutant turtles made from ooze, they are from an alien race and he has removed the "Teenage Mutant" from their title. It's called "Ninja Turtles" now.
This info comes from Bay himself:
Paramount marketing changed the name. They made the title simple. The characters you all remember are exactly the same, and yes they still act like teenagers. Everything you remember, why you liked the characters, is in the movie. This script is being developed by two very smart writers, with one of the original creators of Ninja Turtles. They care VERY MUCH about making this film for the fans. Everyone on this team cares about the fans. Just give them a chance. Jonathan the director, is a major fan of the whole franchise. HE’S NOT GOING TO LET YOU DOWN.The former creators can't stop this or the original owners. I guess we are stuck with this madness.