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Why did Palladium drop the Teenage Mutant Ninja Turtles license? What happened to the planned Second Edition?

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Why did Palladium drop the Teenage Mutant Ninja Turtles license? What happened to the planned Second Edition?

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This is from an open letter by Kevin Siembieda, as posted on the Palladium web site in January 2000: “Saying good-bye to the Ninja Turtles is like saying farewell to an old friend. So it is with a touch of sadness that I must announce Palladium Books’ decision to let go of the Teenage Mutant Ninja Turtles role-playing game license. I know this news will disappoint many fans, particularly those who have been anxiously anticipating the release of the Second Edition of the Ninja Turtle RPG. There will be no Second Edition or any new T.M.N.T. product from Palladium. A tiny handful of distraught fans on-line, have suggested Palladium does not care about our fans, because if we did, we would come out with T.M.N.T., 2nd Edition no matter what. If only it were that simple and easy. What these folks do not understand is that Palladium and Mirage (the T.M.N.T. people) have been keeping the game-line afloat for the last several years because we care. At its peak, Palladium Books was selling over

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