Jonathan E. Steinberg and Dan Shotz, the showrunners behind Percy Jackson and the Olympians, are currently in discussions to write, showrun, and produce a live-action Power Rangers series for Disney+ and 20th Century TV, according to a report from TheWrap.
Hasbro will be producing the series, which aims to reinvent the Power Rangers franchise for a new generation of fans while also appealing to longtime enthusiasts of the iconic universe.
The original Power Rangers television series from the 1990s, known as Mighty Morphin Power Rangers, was inspired by the Japanese children’s show Super Sentai. The show even incorporated footage from the Japanese series. It followed a group of five teenagers who gained the ability to “morph” into superheroes known as the Power Rangers, each equipped with their own mechanized fighters. A film adaptation featuring most of the original cast was released in 1995, followed by a second movie in 1997, which included only a few returning cast members.
In 2017, Lionsgate and Saban Films attempted to reboot the Power Rangers franchise with a darker, young adult-oriented adaptation (which sucked). However, the film grossed only $142 million against a budget of approximately $100 million, leading to the abandonment of plans for a larger franchise. In 2018, Hasbro acquired Power Rangers in a strategic deal aimed at maximizing the franchise’s full potential across its various divisions.
The development of the new Power Rangers series is part of Hasbro Entertainment’s broader initiative to enhance storytelling and expand its portfolio of series based on Hasbro’s most well-known brands. The company is collaborating with top industry talent, studios, and distribution platforms to bring these projects to life.
