I love how people say stuff on here like they know what they are taking about. Pretty well understood. Mirage/Laird sold the licence to Nickelodeon for 60M. In fact Eastman had already cashed out & sold his stake to Laird long before that deal went down. Nickelodeon owns the licence....period, but Laird can still produce comics if he wants.
Go watch the TMNT episode on The Toys That Made Us on Netflix, S3E1. You can learn all about it directly from the horse's mouth. Good story.
I'd expect ZY art focused on the 80's classic cartoon version of the TMNT. Sounds really promising to me.