Live action ‘Power Rangers’ reboot announced

'Hunger Games' and 'Twilight' studio Lionsgate eyes '90s show for future franchise

A live action movie reboot of kids TV show Power Rangers is in development, it has been confirmed.

Lionsgate, the studio behind the Hunger Games franchise among others, today (May 7) confirmed that they have green-lit a new movie alongside Power Rangers creators Saban.

“The Power Rangers stories and characters have been embraced by generations of audiences for more than 20 years, and today they are more powerful than ever,” said Lionsgate CEO Jon Feltheimer, while Haim Saban added: “Lionsgate is the perfect home for elevating our Power Rangers brand to the next level. They have the vision, marketing prowess and incredible track record in launching breakthrough hits from The Hunger Games to Twilight and Divergent.”

Power Rangers follows five high school students who morph into spandex-clad characters to fight evil and was imported from Japan by Saban in 1993. Disney bought the rights in 2001 before Saban bought them back in 2010, launching a new TV version of the much loved series which has created a new wave of young fans.

There have been two Power Rangers movies, Mighty Morphin Power Rangers in 1995 and 1997’s Turbo: A Power Rangers Movie