POWER RANGERS Series Dead At Netflix

After weekend speculations, TV Line has confirmed that Netflix's two-year-old Power Rangers cinematic universe, which included an original TV program and new films, is no longer in development.

X user @Jinsakuu broke the story before the transfer confirmed. The internet scooper tweeted, "Due to the lack of staff and all the departments and responsibilities Hasbro had to take on. They’re lisencing Power Rangers Toys and Media off to other companies. As we seen with playmates who now own full control of the toys they’re doing the same with the show rights. Also they’re trying to be as hands off as possible and still own the franchises revenues. So good news maybe ??"

Jenny Klein, a Primetime Emmy nominee, was the showrunner, while Jonathan Entwistle (The End of the F***ing World; I Am Not Okay with This; Hello Tomorrow!) oversaw the franchise.

It appears that Hasbro is still optimistic about the Power Rangers' big-budget potential, as TV Line reports that they are actively seeking a new creative direction and a new partner to help develop the project.