"Power Rangers Disney+ Series to Reinvent Franchise for New Fans"

Exciting news for fans of the iconic franchise: Power Rangers is set to return in a new live-action series, exclusively on Disney+. According to The Wrap, the creative minds behind the successful Percy Jackson and the Olympians series, Jonathan E. Steinberg and Dan Shotz, are in discussions to take on the roles of writers, showrunners, and producers for this thrilling revival. The project will be a collaboration between Disney+ and 20th Century TV.

Hasbro, the current owner of the Power Rangers franchise, aims to breathe new life into the series. Their goal is to captivate a fresh audience while keeping the existing fanbase engaged. This reinvention promises to blend the nostalgia of the beloved '90s show with innovative storytelling suitable for today's viewers.

The Mighty Morphin' Power Rangers, which aired in the '90s, became a cultural phenomenon, enthralling children with its tales of teenage superheroes and their colossal mechs capable of combining into even larger, awe-inspiring machines.

In 2018, Hasbro acquired the Power Rangers franchise from Saban Properties in a landmark $522 million deal. At the time, Hasbro's chairman and CEO, Brian Goldner, expressed enthusiasm about the brand's potential, 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 followed the disappointing box office results of the 2017 Power Rangers movie reboot, which aimed for a darker, grittier take on the franchise. Unfortunately, the film did not meet expectations, leading to the cancellation of planned sequels and prompting Saban to sell the rights to Hasbro.

Hasbro is not stopping at Power Rangers. The company is also developing other ambitious projects, such as a live-action Dungeons & Dragons series titled "The Forgotten Realms" for Netflix, an animated Magic: The Gathering series also in the works at Netflix, and a broader Magic: The Gathering cinematic universe.