Studios are looking for any IP that they can turn into a money earning franchise, and one series that seems ripe with potential is Power Rangers.
Now Hasbro has acquired the entire brand, and the company issued a statement hinting that they were only getting started with Power Rangers, but there were no big plans for the near future.
The classic multi-colored heroes were turned into a movie last year in the appropriately titled Power Rangers, which was intended to be the first in a series of films.
However, the movie underperformed at the box office, and news of a sequel basically ground to a halt.
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