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Lionsgate announces 'Power Rangers' movie franchise reboot

Go go Power Rangers! On May 7 Variety broke the story that a "Power Rangers" film is currently being planned and will also serve as a reboot for the popular franchise. A live action television series based on the characters has been in production since 1993, and a previous film was released in 1995. However, the new film will begin a new franchise with the colorful rangers and will appeal to all audiences and not just children.

Cast of 'Power Rangers'
Photo by Frazer Harrison/Getty Images

Lionsgate and Saban Brands, the company who owns the rights to the characters and produces the series, announced the move in a press release. The studio wants to capitalize on the success of other young adult characters which have been box office hits like "The Hunger Games" and "Divergent." The movie was announced the day after Saban Brands also launched Saban Films, a North American film distribution company.

The characters in "Power Rangers" are a diverse group of teenagers who are given special abilities and chosen as protectors of the Earth against aliens. Each teen, called a ranger, is identified by a different color. There is a Pink Ranger, Red Ranger, Green Ranger, Blue Ranger, Yellow Ranger, Black Ranger and a White Ranger. Although, not ever color ranger has appeared in the television series which is revised every season, but the blue, yellow and red rangers always appear.

MTV revealed on May 7 that the movie is being planned to launch at least two more movies about the heroic characters and create a film franchise that will rival the success of the television series. None of the actors from the first few seasons of the show are not expected to appear. The Mighty Morphin Power Rangers were the original group of characters and then the Turbo Rangers were introduced and they have increased powers.

The each episode of the series, a group of teenagers are living their everyday lives when a tragedy strikes. They all yell "It's morphin time" and transform into their ranger characters. In later versions of the show the group can also pilot giant robots to help fight off the aliens. The original series airs in several companies across the globe, including New Zealand, the United Kingdom, Canada and Australia.

The popular franchise also spawned a lucrative line of toys for children. All of the seasons have been released on DVD and Blu-ray and are available for instant streaming on Netflix. All seasons are also available on iTunes, including both original movies. A convention dedicated to the popular characters, called The Power Morphicon, has been held on Los Angeles for the fifteen year anniversary of the series and the films. So far, the film has no official release date and of casting announcements since the film is still in the development stages.

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