It's morphin time! Lionsgate is rebooting Power Rangers on the big screen

First Jem, now this! Another childhood favorite is getting the movie treatment: Power Rangers, which made its television debut in 1993, is heading to theaters. The property previously appeared on the big screen with 1995's Mighty Morphin Power Rangers: The Movie and 1997's Turbo: A Power Rangers Movie. This time things will be different, as Saban Brands has joined forces with Lionsgate.

Lionsgate has previously produced popular young-adult franchises like The Hunger Games and Divergent. Their success with the younger demographic is what makes them the perfect co-producers of the new Power Rangers. Wednesday, Saban and Lionsgate sent out a press release revealing their plans for joint venture.

The new film franchise will re-envision the Mighty Morphin Power Rangers, a group of high school kids who are infused with unique and cool super powers but must harness and use those powers as a team if they have any hope of saving the world.

“Lionsgate is the perfect home for elevating our Power Rangers brand to the next level,” said Haim 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 Lionsgate CEO Jon 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.”

If you were a child of the '90s this is a dream come true. With Lionsgate involved, they can ensure a much higher production value. That means better costumes, zords and quality fight choreography.

What do you think? Are you interested in a rebooted Power Rangers?

More from around the web