The first news in years for the promised Power Rangers reboot series/movie/special/whatever has dropped and it isn’t good news. According to TVLine.com, Netflix has decided to move on from the Power Rangers reboot, leaving the in-development project in limbo without a partner.
The Power Rangers brand was purchased by Hasbro back in 2018 for half a billion dollars from Saban Capital Group, but never quite managed to find sure-footing in the entertainment market or the toy aisles. Hasbro has since licensed out the toy portion of Power Rangers to rival company Playmates, who will offer their first selection of Mighty Morphin Power Rangers toys in 2025. With Hasbro selling off their entertainment division, eOne, it is very likely that Hasbro will shop off the licensing rights to Power Rangers media as well, using the disappointing development of the Power Rangers reboot series as the catalyst.
While the television and toy news for Power Rangers is disappointing, there is still the BOOM! Studios comics of Power Rangers (which will reportedly undergo a “reboot” themselves this year at the conclusion of the current story-arch) as well as the recently announced Mighty Morphin Power Rangers: Rita’s Rewind retro side-scrolling game. Those, along with the mobile fighting game Power Rangers Legacy Wars still receiving updates and new characters, the brand is still fighting to find its place.
We’ll keep our eyes and ears out for any news or developments with all things Power Rangers.