Power Rangers is an American entertainment and merchandising franchise built around a live-action superhero television series, based on the Japanese tokusatsu franchise Super Sentai. Produced first by Saban Entertainment, second by BVS Entertainment, later by Saban Brands, and today by SCG Power Rangers LLC and its parent company, Hasbro, the Power Rangers television series takes much of its footage from the Super Sentai television series, produced by Toei Company. The first Power Rangers entry, Mighty Morphin' Power Rangers, debuted on August 28, 1993, and helped launch the Fox Kids programming block of the 1990s, during which it catapulted into popular culture along with a line of action figures and other toys by Bandai. By 2001, the media franchise had generated over $6 billion in toy sales.
Despite initial criticism that its action violence targeted child audiences, the franchise has been commercially successful. As of 2022, Power Rangers consists of 29 television seasons of 21 different themed series and three theatrical films released in 1995, 1997, and 2017.
In 2010, Haim Saban, creator of the series, regained ownership of the franchise. It was previously owned for eight years by The Walt Disney Company. In 2018, Hasbro was named the new master toy licensee. Shortly afterward, Saban Brands and Hasbro announced that the latter would acquire the franchise and the rest of the former's entertainment assets in a $522 million deal, with the first products from Hasbro becoming available in early 2019.
