Despite being one of the worst reviewed big-budget movies since...well, since Transformers: Age of Extinction. Michael Bay's Teenage Mutant Ninja Turtles pulled in $65 million on debut to convince the top brass at Paramount Pictures and Nickelodeon Movies to green-light an immediate sequel - set for June 3, 2016. Bay will return to produce with writers Josh Appelbaum and Andrew Nemec back on board to pen the script. 

Teenage Mutant Ninja TurtlesA massive Turtle in 'Teenage Mutant Ninja Turtles'

"To know moviegoers are embracing the Turtles with such enthusiasm is everything that we and all our filmmakers have been hoping for," said Paramount chairman and CEO Brad Grey in a statement on Sunday. "We are thrilled with this weekend's result, the enduring power of this franchise, and the opportunity to make another one."

"Launching a new take on the Turtles into the feature film world was a daunting task," added Adam Goodman, president of Paramount's Film Group, "because as fans of them ourselves, we felt a great responsibility to ensure audiences were going to experience everything they loved about the Turtles, while also getting to see them brought to life in a way they had never been seen before. The result exceeded our high expectations and the response to the film is beyond great, making it all the more fun to get started on the continuation of their story."

More: read our 'Teenage Mutant Ninja Turtles' reviews roundup

Teenage Mutant Ninja Turtles was shredded by critics for its creaky plot, inability to properly differentiate between lead heroes and lack of grasp on the source material.

Andrew O'Hehir of Salon.com said in his review, "I had to draw on my own ninja training and reflect intensively on the transitory nature of all phenomena, just to fend off the profound yearning for death."

Nevertheless, Paramount executives care not for bad reviews and just see "$65 million". Let's hope they blame nobody but themselves after realising they're opening a week after X-Men: Apocalypse. 

Watch the 'Teenage Mutant Ninja Turtles' trailer: