Disney+ Unveils New Power Rangers Series to Revitalize Franchise for Next Generation

Exciting news for fans of the iconic franchise: Power Rangers is set to make a comeback with a live-action series on Disney+. According to The Wrap, Jonathan E. Steinberg and Dan Shotz, the masterminds behind the Percy Jackson and the Olympians series, are in discussions to write, showrun, and produce this new venture for Disney+ and 20th Century TV. This move is part of Hasbro's strategy to breathe new life into the Power Rangers universe, aiming to captivate both new audiences and long-time enthusiasts alike.

In 2018, Hasbro solidified its commitment to the franchise by acquiring Power Rangers, along with other brands, from Saban Properties in a $522 million deal. Brian Goldner, Hasbro's chairman and CEO at the time, expressed enthusiasm about the acquisition, highlighting the brand's "tremendous upside potential." He noted the extensive opportunities across Hasbro's Brand Blueprint, including toys, games, consumer products, digital gaming, entertainment, and global retail.

This acquisition followed the unsuccessful 2017 movie reboot, which attempted a darker, grittier take on the Power Rangers, hoping to launch a series of sequels. However, the film's underwhelming box office led to the cancellation of those plans, paving the way for Saban to sell the rights to Hasbro.

Hasbro's ambitions don't stop with Power Rangers. The company is also developing other high-profile projects, such as a live-action Dungeons & Dragons series titled The Forgotten Realms at Netflix, an animated Magic: The Gathering series also in the works at Netflix, and a cinematic universe for Magic: The Gathering, showcasing Hasbro's expansive vision for its beloved brands.