Paramount and Hasbro are reportedly teaming up to breathe new life into the beloved Power Rangers franchise with a complete reboot set to hit theaters in late 2026. The latest development in this exciting venture comes on the heels of a failed attempt at a Netflix universe, signaling a fresh start for the iconic superhero team.
Initial reports suggest that negotiations between Paramount and Hasbro have been ongoing for months, with significant progress made recently. While discussions have touched on the possibility of a media rights buyout for the franchise, no final decisions have been reached as of yet. The focus remains on co-developing a new Power Rangers movie slated for a theatrical release in late 2026.
Following Hasbro's acquisition of the franchise in 2018, strategic changes in management have paved the way for a new era of Power Rangers content. After a pause on major projects post the 30th-anniversary celebrations, including the Once & Always special and the Cosmic Fury series, Hasbro has shifted the Lightning Collection toy line to Playmates Toys, beginning in 2025.
The collaboration between Playmates Toys and Hasbro has been met with enthusiasm, as both companies share a deep passion for the enduring Power Rangers brand. Karl Aaronian, the Senior Vice President of Marketing at Playmates, expressed excitement about the partnership and their mutual dedication to the multi-generational phenomenon that is Power Rangers.
Details about the storyline of the upcoming reboot movie remain shrouded in mystery, sparking speculation among fans about whether it will draw inspiration from the classic Mighty Morphin Power Rangers era or explore new elements from different iterations of the franchise. An official announcement is anticipated in 2025, teasing a year filled with updates on the movie's development.
Through reliable sources like Daniel Richtman, it was revealed that a new live-action movie and an animated TV show are concurrently in the works for the Power Rangers franchise. While specifics remain scarce, it is clear that this fresh cinematic endeavor will steer clear of the previously proposed Netflix reboot by Jonathan Entwistle. The new movie is tipped for a theatrical release, potentially in late 2026, demonstrating a cautious approach following the reception of the 2017 Power Rangers film.
With Paramount and Skydance reportedly in final negotiations to obtain the Power Rangers media rights from Hasbro, the stage is set for a potential resurgence of the franchise. Speculations suggest that Paramount Pictures could spearhead the release of the new movie in theaters, while the animated TV show might find a home on a streaming platform like Paramount+. This shift could open up new avenues for fans to engage with both classic and contemporary Power Rangers content.
As fans eagerly await official announcements regarding the future of the Power Rangers franchise, the prospect of a revitalized and reimagined superhero team on the big screen and small screen alike has generated buzz and excitement within the fan community. With potential plans for a Paramount-backed cinematic release and new animated adventures on streaming platforms, the Power Rangers brand looks poised for a dynamic resurgence in the latter half of the 2020s, offering fans a fresh take on their beloved heroes.
