Arguably one of the largest toy companies in the world has officially purchased maybe one of the biggest franchises to make toys off of. The deal went down for a grand total of around $522 Million in cash and stocks. The deal also includes franchises like Treehouse detectives, My pet monster and more.
Brian Goldner, Hasbro's CEO has this to say on the purchase... "Shortly after entering into our licensing arrangement, it became clear that now was the time to begin investing in unlocking Power Rangers’ full potential. We see significant opportunity for Power Rangers across our entire Brand Blueprint, including toys and games, consumer products, digital gaming, and entertainment, as well as geographically throughout our global retail footprint. We couldn’t be more pleased that Haim Saban will continue in a consulting role to further guide our development of this valuable property for the next generation of Power Rangers fans."
Seems like Hasbro is going to go all in with Power Rangers. We may get a sequel to the movie that came out in 2017 or another reboot. You can be there's going to be an insane amount of toys coming soon. I wonder if Toy's R Us would have been affected by this in any way?