Lionsgate, Saban Brands Partnering for 'Power Rangers' Movie Reboot7 May, 2014 By: Erik Gruenwedel
Lionsgate and Saban Brands May 7 announced they have partnered to develop and produce an original live-action feature film based on the 21-year-old Power Rangers property.
The new movie will re-envision the Mighty Morphin Power Rangers — a group of high school kids who are infused with unique super powers but must harness and use those powers as a team if they want to save the world.
“The Power Rangers stories and characters have been embraced by generations of audiences … and today they are more powerful than ever. We have the ideal partner and the perfect brand with which to create a motion picture event that will resonate with moviegoers around the world for years to come,” Lionsgate CEO Jon Feltheimer said in a statement.
Haim Saban launched the live-action “Mighty Morphin Power Rangers” TV show in 1993, which initially aired for three seasons. “Power Rangers” is credited with helping launch Fox Kids programming in the 1990s and today continues following 17 different themed series and two feature films, Mighty Morphin Power Rangers: The Movie (1995) and Turbo: A Power Rangers Movie (1997).
Saban re-acquired the “Rangers” brand from The Walt Disney Co. in 2010.
“Lionsgate is the perfect home for elevating our 'Power Rangers' brand to the next level,” Saban said. “They have the vision, marketing prowess and incredible track record in launching breakthrough hits from The Hunger Games to Twilight and Divergent. In partnership with the Lionsgate team, we’re confident that we will capture the world of the Power Rangers and translate it into a unique and memorable motion picture phenomenon with a legacy all its own.”