AceShowbiz - After the failure of the 2017 reboot, plans for an interconnected Power Rangers franchise with Netflix and Paramount were shelved. However, a new report from Daniel Richtman suggests a stand-alone movie is now in the works. @Jinsakuu claims it is a complete reboot not connected to the Netflix project.

Hasbro and Paramount have reportedly been in negotiations for months and have made substantial progress. If successful, Paramount and Skydance will retain the media rights for Power Rangers and move forward with the film's development. Discussions about a buyout of the property are also ongoing.

Sources indicate that a late 2026 release is being considered, and the studio is cautious about choosing the right date. While story details remain under wraps, it is unclear whether the film will focus on the Mighty Morphin Power Rangers or blend elements from different teams in the franchise.

This news aligns with Hasbro President Olivier Dumont's previous statement about "exciting plans" for the brand. Paramount's investment in Power Rangers showcases its commitment to developing new major franchises.

Hasbro has recently made changes to its film financing strategies, and Power Rangers has experienced a rollercoaster ride since Hasbro's acquisition. After the 30th anniversary celebrations, Hasbro paused franchise activities, including the Lightning Collection toy line and other releases.

In 2025, Playmates Toys will take over the Power Rangers license. The company's SVP of Marketing, Karl Aaronian, expressed excitement about "reimagining this iconic franchise's toy line." Hasbro's President of Licensed Consumer Products, Casey Collins, praised Playmates' ability to "expand the POWER RANGERS franchise."

Alongside the movie development, insider DanielRPK reports that discussions are also underway for a potential animated series, marking a new direction for the franchise. This news suggests a multifaceted approach to revitalizing Power Rangers for both adult and young audiences.