Mighty Morphin Power Rangers The Movie Reboot: Two Big Companies-Lionsgate and Saban Working Together to Bring Back Mighty Morphin Power Rangers in Action

By Phenny Lynn Palec Aug 15, 2014 01:51 PM EDT

Mighty Morphin Power Rangers The Movie Reboot: Two Big Companies-Lionsgate and Saban Working Together to Bring Back Mighty Morphin Power Rangers in Action

Jon Feltheimer, Lionsgate Chief Executive together with Haim Saban as co-creator officially announced that Saban Brands and Lionsgate are working together in order to develop as well as produce based on Power Rangers' property 'an original live-action feature'.

This is the statement of Saban and Feltheimer. They explained the reasons behind the collaboration of two companies:

"Lionsgate is the perfect home for elevating our Power Rangers brand to the next level," said Saban. "They have the vision, marketing prowess and incredible track record in launching breakthrough hits from 'The Hunger Games' to 'Twilight' and 'Divergent.' In partnership with the Lionsgate team, we're confident that we will capture the world of the Power Rangers and translate it into a unique and memorable motion picture phenomenon with a legacy all its own."

"We're thrilled to be partnering with Haim Saban and his team to maximize the potential of this immensely successful and universally recognized franchise," said Feltheimer. "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. We have the ideal partner and the perfect brand with which to create a motion picture event that will resonate with moviegoers around the world for years to come."

Now, with all due respect to how Power Rangers' brand that would be re-imagined to this live-action feature movie, many fans are again excited to wait and watch Power rangers. The upcoming Power Ranger movie would be something similar to Pacific Rim film- cartoony and yet still aware of its purpose as well as prevent ostracizing the crowd.