The future for the Power Rangers brand has been revealed today as Hasbro announced that rival toy company Playmates Toys (Teenage Mutant Ninja Turtles, Voltron) has acquired the toy license for the brand from Hasbro.
As part of the deal, Playmates Toys acquires the global (excluding Asia) rights to make Power Rangers action figures, vehicles, roleplay toys, and plush items.
Playmates Toys has also revealed that their first offering for Power Rangers toys will be in 2025 with a kids-targeted line of Mighty Morphin Power Rangers toys.
Stay tuned for more details.