According to reports, "Teenage Mutant Ninja Turtles" co-creator Kevin Eastman, owner of the 'illustrated adult fantasy' art magazine "Heavy Metal", has confirmed that director James Cameron will co-executive the upcoming film adaptation, with plans to direct an animated episodic segment.
Other creatives interested in developing episodes are directors David "Fight Club" Fincher, Zack "Watchmen" Snyder and Mark "Kung Fu Panda" Osborne interested in developing a 'comedy segment' with Jack Black.
The origins of the magazine, began in the mid-1970's, when publisher Leonard Mogel, in Paris to start the French edition of "National Lampoon" magazine, discovered the French science-fantasy magazine "Métal Hurlant", first published in 1974. 
When Mogel licensed the American version, he renamed it "Heavy Metal" debuting April, 1977 as a glossy, full-color monthly, displaying translations of graphic stories published in "Métal Hurlant", including works by Enki Bilal, Jean Giraud (aka 'Moebius'), Phillippe Druillet, Milo Manara and Philippe Caza.
The magazine later ran Stefano Tamburini and Tanino Liberatore's "RanXerox".
In 1986, "Heavy Metal" dropped back to a quarterly schedule, going bi-monthly in 1989. In 1991, "Turtles" co-creator Kevin Eastman acquired the magazine and became publisher/editor...
