The big news here is not that the rights to HBO’s beloved Jim Henson show Fraggle Rock was won at auction by New Regency, it’s that they seem keen to get this property launched as a movie series aimed at families. That’s great. My guess would be the franchise’s future depends entirely on how The Muppets does this Thanksgiving. If Disney’s movie does well, we’ll see a Fraggle Rock movie using puppets fairly soon. If it doesn’t, we might get a CGI cartoon or some basterdized version of the Fraggles who knows when.