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Saban Brands, Bandai Discontinue Power Rangers Toy License Agreement
posted on by Rafael Antonio Pineda
Saban Brands announced on Thursday that it and Bandai have mutually agreed to not renew Bandai America's master toy license agreement for Power Rangers, effective April 2019. Bandai will still support the Power Rangers franchise up to its 25th anniversary, and will also support the currently-airing Power Rangers Super Ninja Steel show. Bandai still maintains toy rights to Toei's Super Sentai series, from which the Power Rangers franchise is based.
Saban Brands recently renewed its partnership with Nickelodeon until 2021.
Nickelodeon is currently airing Power Rangers Super Ninja Steel, the second season sequel to the Power Rangers Ninja Steel series, and the 25th entry in the Power Rangers franchise. The series premiered on January 27.
The series uses footage from Toei's ninja-themed Shuriken Sentai Ninninger series, which premiered in February 2015, and marks the 40th anniversary of Toei's Super Sentai franchise.
A Power Rangers film opened in the United States last March. The film earned an estimated US$84,234,169 in the United States and a worldwide total of about US$140 million. The film's director Dean Israelite reported last summer that Lionsgate and Saban were in talks for a sequel.
[Via The Tokusatsu Network]
