Nickelodeon to Expand, ‘Avatar: The Last Airbender’, Franchise With Dedicated Avatar Studios.br Nickelodeon is planning on expanding the br universe of ‘Avatar: The Last Airbender’ br and ‘The Legend of Korra.’ .br The network will be launchingbr Avatar Studios, a subset completelybr devoted to creating new movies andbr animated series for the ‘Avatar’ franchise. .br The studio will be run by Michael DiMartinobr and Bryan Konietzko, creators of the originalbr ‘Avatar: The Last Airbender’ series. .br It’s hard to believe it’s been 19 yearsbr since we created 'Avatar: The Lastbr Airbender.' But even after all thatbr time, there are still many storiesbr and time periods in Aang’s worldbr that we are eager to bring to life. , Michael DiMartino and Bryan Konietzko,br to ‘Entertainment Weekly’.br Their studio’s first project is reportedlybr an animated theatrical film scheduled tobr begin production this year. .br That film and all future content will bebr released on Nickelodeon and in theaters.br It will also land on Paramount+,br ViacomCBS’s online streaming service thatbr was previously known as CBS All Access. .br With this new Avatar Studios venturebr we have an unparalleled opportunitybr to develop our franchise and itsbr storytelling on a vast scale, in abr myriad of exciting ways and mediums.