The live-action, direct-to-video "We Wish You a Turtle Christmas" hit stores in 1994 at the same time as its counterpart, "Turtle Tunes." Each video is 30 minutes long and features the Turtles and sometimes Splinter and sometimes these random kids (who apparently know the Turtles quite well) singing songs that never had a chance for a Grammy.
Pictured to the top left is the cover to a Netherlands release that combines both videos onto a single DVD. Although I'm not exactly positive that this is an official DVD release (you can see the whole DVD cover here and judge for yourself).
To the bottom left is the cover to a promotional cassette soundtrack that was released to advertise the original VHS tapes (full cover insert here). The cassette features all of the songs from both videos, although some songs are missing dialog that leaves them with awkward chunks of instrumental. One of the songs actually runs longer than it did on the video.
Merry Christmas to everyone who is celebrating today and tomorrow!