Nickelodeon is currently airing Power Rangers Super Ninja Steel, the second season sequel to the Power Rangers Ninja Steel series, and the 25th entry in the Power Rangers franchise.
Hasbro announced on Tuesday that it will acquire Power Rangers and several other brands from Saban Properties.
Saban Brands founder Haim Saban will continue to serve as a consultant for the Power Rangers property.
Hasbro was already named as the master toy licensee for the Power Rangers franchise, and will take over for the previous license holder Bandai America on April 1, 2019.
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