Lionsgate and Haim Saban announced today that they have struck a deal to produce a new live action film based on Saban's 1993 television series 'Mighty Morphin Power Rangers', reported Ace Showbiz.
The new franchise will reportedly re-imagine the Power Rangers as a group of high school kids with unusual super powers, who must learn to harness their abilities as a group in order to save the world.
"Lionsgate is the perfect home for elevating our Power Rangers brand to the next level," Saban said.
"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.
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