"Power Rangers" movie is heading to theaters on July 22, 2016. On the date, the Lionsgate movie will compete against Warners' "Knights of the Roundtable: King Arthur" and be released between Universal's untitled new "Bourne" movie and Fox's third installment of the "Planet of the Apes" franchise.
The movie is based on the 1993 Fox Kids TV series of the same name that became so popular it spawned a theatrical release titled "Mighty Morphin Power Rangers: The Movie" in 1995. The new movie franchise will bring back a group of high school kids with superpowers they must harness and use as a team to save the world. Lionsgate is hoping to release it as a franchise.
"X-Men: First Class" scribes Ashley Miller and Zack Stentz are penning the script. Haim Saban, who created the series, will produce the movie with Brian Casentini, Allison Shearmur and Roberto Orci.