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New Power Rangers Live-Action Disney+ Series Reportedly Designed to Reinvent the Franchise for a New Generation of Fans

by Michael Mar 21,2025

Power Rangers is reportedly getting a live-action reboot on Disney+. The Wrap reports that Percy Jackson and the Olympians showrunners Jonathan E. Steinberg and Dan Shotz are in negotiations to write, showrun, and produce the series for Disney+ and 20th Century TV.

Hasbro, the current owner of the Power Rangers franchise, aims to revitalize the series for a new generation while retaining the appeal for longtime fans.

Power Rangers was a cultural touchstone for many children of the 90s. Photo by Fox/Getty Images.
The 90s television show, Mighty Morphin' Power Rangers, captivated a generation with its teenage heroes and their impressive, combinable mechs.

Hasbro acquired the Power Rangers franchise, along with other Saban Properties brands, in a $522 million deal in 2018. At the time, Hasbro expressed confidence in the franchise's significant growth potential. Brian Goldner, then Hasbro's chairman and CEO, stated, “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.”

PlayThis move followed the underperformance of the 2017 film reboot, which attempted a grittier approach but failed to generate the anticipated sequels. Saban subsequently sold the rights to Hasbro.

Other notable Hasbro projects include a live-action Dungeons & Dragons series, The Forgotten Realms, currently in development at Netflix; an animated Magic: The Gathering series, also at Netflix; and a Magic: The Gathering cinematic universe.