I heard about this a little while ago, it perfectly fits with Nick's plan of "
Let's not try anything new, only rehash 90's era by tugging on nostalgia strings." With things like The Splat block, the newer As Told by Ginger series in the works, Hey Arnold reboot, the Kenan and Kel reunion thing they are working on right now, or the Invader Zim comic series. They completely forgot what made their 90's series interesting was that they were new and untried ideas like Pete and Pete, or Legends of the Hidden Temple. Nobody else made surreal highschool sitcoms or cartoons about wallabes with day jobs and mortgages to pay.
I'm not totally sure who the target audience is when it's a geared kid's cartoon animated film, but only starring characters and situations of 20+ years ago. Kids might not really get it or recognize anything while lots of adults would not really be interested in paying to see it.
That and a lot of rehashes just do not work out. The Ren and Stimpy 2004 series was awful, 2011 Beavis and Butthead was not great either, Rugrats reboot was weird.
http://empirenews.net/nickelodeon-announces-remakes-of-over-40-tv-shows-from-90s/
this article really sells it when they added
"“I’m super stoked, man,” said Jake Festein, a 32-year-old clerk at a local Best Buy. He stated he grew up on the many shows on Nickelodeon." That's something I would have expected to see on an Onion article.