Hasbro Closes Acquisition of Saban Properties’ Power Rangers and other Entertainment Assets
“Power Rangers will benefit from execution across Hasbro’s Brand
Blueprint and distribution through our omni-channel retail relationships
The transaction, including intangible amortization expense, is not expected to have a material impact on Hasbro’s 2018 results of operations.
Created by Haim Saban and launched in 1993, Mighty Morphin Power Rangers quickly became a pop culture phenomenon. Today, Power Rangers is one of the longest running kids’ live-action series in television history with nearly 900 episodes produced to date. The TV series, currently in its 25th season with Power Rangers Super Ninja Steel, and feature films, including 2017’s movie with Lionsgate, follows the adventures of a group of ordinary teens who morph into superheroes and save the world from evil. Saban’s Power Rangers currently airs in 150 markets around the world and is translated into numerous languages.
The first set of Power Rangers products from Hasbro will be available in spring 2019.
As part of the transaction,
Certain statements in this release contain "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act of
1995. These statements include expectations concerning Hasbro’s
potential performance and the performance of the Power Rangers property
in the future, and may be identified by the use of forward-looking words