Hasbro Set To Acquire The POWER RANGERS Franchise & More From Saban Entertainment For $522 Million

Hasbro Set To Acquire The POWER RANGERS Franchise & More From Saban Entertainment For $522 Million

Well, it looks like Disney and Fox aren't the only companies making major moves this year as it's now being reported that Hasbro has acquired the entire Power Rangers franchise and more from Saban Brands!

By RohanPatel - May 01, 2018 11:05 AM EST
Filed Under: Power Rangers
Source: Reuters
Reuters reported earlier today that Hasbro Inc. has officially acquired a number of popular entertainment and merchandising franchises, including the über-popular Power Rangers franchise, from Saban Entertainment for approximately $522 million. The deal is expected to close sometime during the second quarter of 2018, meaning before the end of June.

The toymaker had previously acquired the master toy license for Power Rangers in February and possessed an option to later acquire the entire franchise. However, while no one saw the deal coming to fruition this quickly, it's possible that their initial timeline was fast-tracked following Toys 'R' Us declaration of bankruptcy. With the acquisition nearly complete, it's expected to be a major asset as the world's largest toy maker attempts to reverse some of its losses after losing such a major retailer. 

Outside of Power Rangers, Saban Brands also owns the rights to BeetleborgsDigimonMasked Rider, Cubix, VR Troopers, and more, so it's increasingly likely that those titles are among the number of franchises that are being transferred over to Hasbro. They'll join a strong catalog that already features Transformers, G.I. Joe, Battleship, My Little Pony, MicronautsDungeons & Dragons., Monopoly, Hungry Hungry Hippos, Magic: The Gathering, Play-Doh, Beyblade, Clue, Candy Land, Action Man, FurbyRom the Spaceknight, M.A.S.K., and more.

As for whether or not we'll see any future Power Rangers films, that remains a big question mark moving forward, although it's probably unlikely that we'll ever see a Lionsgate-produced sequel since Hasbro has an exclusive partnership with Paramount Pictures. However, with Paramount currently seeking to launch a new franchise outside of Mission: Impossible and Transformers, it wouldn't be a stretch to assume that they'll at least attempt to bring the Rangers back to the big screen at some point in the not-so-distant future.

Hasbro has since confirmed the report and released the following statement from chairman and chief executive officer Brian Goldner, “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. 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.

Haim Saban, the founder of Saban Brands and creator of Power Rangers, expressed his excitement at the new opportunity and seemingly confirmed that he'll remain involved in some capacity even though he'll no longer be calling the shots. “25 years after launching Power Rangers, I believe the future for this brand has never been greater. Hasbro’s leadership in innovation, storytelling and brand stewardship make it the perfect company to further develop the global reach and appeal of the Power Rangers property. I look forward to working with Brian and the team in the years to come.
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Mattygrand
Mattygrand - 5/1/2018, 11:42 AM
But will we get a sequel to the movie tho? There’s my question right there lol
SuperCat
SuperCat - 5/1/2018, 11:43 AM
L0RDbuckethead
L0RDbuckethead - 5/1/2018, 12:02 PM
@SuperCat - That can be said for the Texas Rangers too. They suck this year.
Matador
Matador - 5/1/2018, 12:08 PM
@SuperCat - Damn man tell us how you really feel

you've just angered the hockey community.
superbigguy32
superbigguy32 - 5/1/2018, 12:24 PM
@SuperCat -
SuperCat
SuperCat - 5/1/2018, 6:27 PM
@L0RDbuckethead - LMAO!!
knocturnalzen10
knocturnalzen10 - 5/1/2018, 11:43 AM
they should do that you-tube version of them , it's closer to the original idea imo
Origame
Origame - 5/1/2018, 11:44 AM
@knocturnalzen10 - You mean the post apocalyptic one where all the rangers are super edgy and are killed off?
knocturnalzen10
knocturnalzen10 - 5/1/2018, 11:46 AM
@Origame - yes
SimplyAz
SimplyAz - 5/1/2018, 12:03 PM
@knocturnalzen10 -

As much as I enjoyed the Youtube Bootleg Version, I don't think we'll get more than that version of it.

Also Power Rangers is primarily for kids and that's the market they want to aim for.
knocturnalzen10
knocturnalzen10 - 5/1/2018, 12:09 PM
@SimplyAz - agree'd but i really enjoyed that version greatly ... especially when re watching the original Asian version of them the green ranger died when the candle blew out and rita's master was implied to be lucifer. it was pretty dark
SimplyAz
SimplyAz - 5/1/2018, 12:16 PM
@knocturnalzen10 -

Oh wow, that sounds fantastic and really dark. Definitely interesting.
knocturnalzen10
knocturnalzen10 - 5/1/2018, 12:26 PM
@SimplyAz - yea if you watch it and find a English dubbed i think they changed a few things but originally it was pretty out there .....
Origame
Origame - 5/1/2018, 3:08 PM
@knocturnalzen10 - Yeah, that doesn't match power rangers like at all. Just in the satirical sort of way.
BigMikeReviews
BigMikeReviews - 5/1/2018, 11:45 AM
I hope the sequel focuses more on the Krispe Kreme angle, there's alot more to unpack there
BigMikeReviews
BigMikeReviews - 5/1/2018, 11:46 AM
@BigMikeReviews - The Secret of the Custard Ooze...?
BATMANx
BATMANx - 5/1/2018, 11:45 AM
Calling it Power Rangers and Transformers team up movie
RicksNerdLife
RicksNerdLife - 5/1/2018, 11:49 AM
"They'll join a strong catalog that already features Transformers, G.I. Joe, Battleship, My Little Pony, Micronauts, Dungeons & Dragons., Monopoly, Hungry Hungry Hippos, Magic: The Gathering, Play-Doh, Beyblade, Clue, Candy Land, Action Man, Furby, Rom the Spaceknight, M.A.S.K., and more."

Uh...

*Looks at title of website*

...and MARVEL COMICS? Helllloooooo?
JustAChillFan
JustAChillFan - 5/1/2018, 12:15 PM
@RicksNerdLife - Uh... They don't own Marvel Comics... Disney does, as a lot of trolls point out.
RicksNerdLife
RicksNerdLife - 5/1/2018, 12:39 PM
@KingPatel - No shit. But it's still in their catalog of licenses.You hadn't made it clear initially that you speaking only about licenses that they themselves own, but I see that now.
Supercat6376
Supercat6376 - 5/1/2018, 11:50 AM
That’s 522 million down the toilet
BlackConvoy
BlackConvoy - 5/1/2018, 12:21 PM
@Supercat6376 - It doesn't have to be. For starters, they really need to stop dumbing down the shows. And that's saying something considering the target audience.
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