Figured a page known as the AV Club would know the answer to this…
Fraggle Rock was shot on videotape in the 1980s. There was no such thing as HD video at the time. Jim Henson Corp can certainly take the videotape elements, digitize them and then tweak the hell out of the color to make it pop better on a new HDTV, but…

Atlas Shmoozed. Until he saw the Atlas Shrugged trilogy. Then Atlas Snoozed.