A Power Rangers reboot is on the way. We last saw the group of teenage heroes grace the silver screen in 2017 with Lionsgate’s take on the long-running TV series. However, the film was a commercial failure and, in the year since, some shifting has happened with the brand, with Hasbro acquiring the rights. Now, Hasbro has cut a deal with Paramount Pictures and they’re going to give it another try. 

Per The Hollywood Reporter,  Jonathan Entwistle (The End of the F***ing World) is in negotiations to direct the reboot for the studio. Details are slim currently, but the plan is to include time travel, which will bring the action back to the 90s, which is when the show was first introduced. As the report puts it, “in Back to the Future fashion, they have to find a way to get back to their present.” Patrick Burleigh (Peter Rabbit 2) is penning the screenplay. 

Power Rangers (2017) was directed by Dean Israelite at was viewed as a possible major franchise for Lionsgate. The $100 million blockbuster was met with a mixed response from critics, grossing just $142 million globally. Despite the fact that the filmmakers had plans for future entries, the financial realities were too much to overcome. 

With that in mind, it makes sense that Hasbro, who will be involved creatively via its own Allspark Pictures production company, would want a Power Rangers reboot, as opposed to a sequel. Considering that there are more than 800 episodes of the show and counting, Hasbro has every reason to believe there’s a way to make this work as a modern movie franchise. 

“As I mentioned, we’ve now announced the acquisition of Power Rangers. This is really a great statement about where we believe we are in developing our brand blueprint,” Hasbro CEO Brian Goldner said last year at the Hasbro Strategic Decisions Conference. “The fact that we can acquire Power Rangers brand and plug and play that right into our strategy where we activate it in entertainment, motion pictures in the future and then of course across toys and games and consumer products and do so globally. We felt the brand was very under leveraged and undervalued. We feel we can exploit it to a much greater extent and it was a great opportunity to acquire the brand.”

Here’s the synopsis for 2017’s Power Rangers. 

“Five ordinary teens must become something extraordinary when they learn that their small town of Angel Grove – and the world – is on the verge of being obliterated by an alien threat. Chosen by destiny, our heroes quickly discover they are the only ones who can save the planet. But to do so, they will have to overcome their real-life issues and before it’s too late, band together as the Power Rangers.” 

So what do you think? Are you excited about the prospect of a Power Rangers reboot set in the 90s? What characters from the show do you hope will appear in the movie? Join in on the conversation over on Facebook or Twitter.