"Power Rangers Disney+ Series Aims to Revamp Franchise for New Fans"

Exciting news for fans of the iconic franchise: Power Rangers is reportedly gearing up for a live-action series on Disney+. According to The Wrap, the showrunners behind the successful Percy Jackson and the Olympians series, Jonathan E. Steinberg and Dan Shotz, are in discussions to write, showrun, and produce this new venture for Disney+ and 20th Century TV. This project aims to breathe fresh life into the beloved franchise, appealing to both new and existing fans.

The Mighty Morphin' Power Rangers, a staple of '90s television, captured the hearts of a generation with its teenage superheroes and their impressive mechs, which could combine to form an even larger, more powerful mech.

In a significant move in 2018, Hasbro acquired the Power Rangers franchise along with other brands from the original owner, Saban Properties, in a deal valued at $522 million. Hasbro's chairman and CEO, Brian Goldner, expressed enthusiasm about the acquisition, stating, "We see significant opportunity for Power Rangers across our entire Brand Blueprint, including toys and games, consumer products, digital gaming and entertainment, as well as geographically throughout our global retail footprint." This acquisition came on the heels of a 2017 movie reboot that attempted a grittier take on the franchise but failed to meet box office expectations, leading to the cancellation of planned sequels and the subsequent sale to Hasbro.

Hasbro's ambitious plans extend beyond Power Rangers. The company is also developing a live-action Dungeons & Dragons series titled The Forgotten Realms for Netflix, alongside an animated Magic: The Gathering series and a cinematic universe for the same franchise, both also in development at Netflix. These projects highlight Hasbro's strategy to expand its iconic brands across various media platforms, ensuring they remain relevant and engaging for new audiences.