It’s been announced that Hasbro Inc. has acquired a handful of popular properties from Saban Entertainment, including the incredibly popular Power Rangers, for around $522 million.
It looks like we might be seeing plenty more Power Rangers as Hasbro Inc. have acquired the property from Saban Entertainment. The deal is expected to come to a close during the second quarter of 2018, according to Reuters. This news follows Hasbro’s acquisition of the master toy license for Power Rangers.
In addition to the Power Rangers, Hasbro also acquired a number of other popular Saban franchises including Beetleborgs, Digimon, Masked Rider, VR Troopers, and more. They’ll be joining Hasbro’s already blockbuster line up of properties which include Transformers, G.I. Joe, Battleship, Beyblade, Action Man, and much, much more.
As for mediums outside of new toy lines, it’s likely that we could see another Power Ranger movie or TV show, though with Hasbro having an exclusive partnership with Paramount, we’d have to see whether the studio will take on such an iconic franchise. Lionsgate were the studio behind the recent Power Rangers reboot.
“Power Rangers is an iconic brand built on a heritage of great storytelling and merchandising with tremendous upside potential when fully executed across Hasbro’s Brand Blueprint. Shortly after entering into our licensing arrangement, it became clear that now was the time to begin investing in unlocking Power Rangers’ full potential,” said chairman and chief executive officer Brian Goldner. “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. We couldn’t be more pleased that Haim Saban will continue in a consulting role to further guide our development of this valuable property for the next generation of Power Rangers fans.”