Lionsgate Entertainment CEO Jon Feltheimer has disclosed to the press that the “Power Rangers” movie currently in development will open a possible seven-movie franchise.
According to Variety, Feltheimer said that he could see as much as “five or six or seven” films in the series should the first one prove successful.
Feltheimer is taking a page from the DC and Marvel strategy of planning and announcing movies in the cinematic universes five or more years into the future.
The news comes after positive response by fans to the upgraded costume worn by the cast in the first official image. The costume marks a major departure from the “spandex-and-motorcycle-helmet kids show” associated with the original.
Aceshowbiz reports that “Power Rangers” will tell the origin story of the 1995 film “Mighty Morphin Power Rangers”, where a group of high school students is given powers by extraterrestrial entities so they can help save the world.
The studio behind the young adult movies “The Hunger Games” and “Twilight” announced the reboot early last year as a partnership with Saban Entertainment and is possibly banking on its success after box office bombs by the third “Divergent” movie and the epic adventure “Gods of Egypt.” It has not yet found a major franchise acquisition since “The Hunger Games: Mockingjay – Part 2” became the lowest-grossing installment of the franchise after its release in November 2015.
Meanwhile, according to Anime News Network, the 24th “Power Rangers” season called “Power Rangers Ninja Steel” is currently in development and is expected to premiere in its home network Nickelodeon next year.
“Power Rangers” stars Elizabeth Banks, Naomi Scott, Becky G, RJ Cyler, Ludi Lin and Dacre Montgomery in the main cast and will be directed by Dean Israelite. It will be released in theaters on March 24, 2017.