Thanks to Seraphis Cain , JonnyDBrit and NeonZ for bringing this to my attention, so Toei is actually never mentioned at all.
source: https://investor.hasbro.com/static-files/de97af26-93c3-4bfe-92d6-fbc9e0196fe1
Another top priority for us is POWER RANGERS. And I'm excited to say that this brand is about to enter a new era. We're creating a new POWER RANGERS universe for a broader audience across film, premium TV, animation and kids content. And to architect this universe, we've engaged with the highly sought after show runner, Jonathan Entwistle, known for the hit series on Netflix, The End of the (expletive) World. Entwistle has a great passion for POWER RANGERS. This will be a complete reinvention, and we're hoping to spark new interest in the storied property
Toys are of course not forgotten:
Additionally, new entertainment for POWER RANGERS will set up a new storytelling universe to fully leverage a wide variety of product categories.
Hasbro seems to really want to push Power Rangers forward, here's a quote from Chairman and CEO Brian D. Goldner
But clearly, as owned and operated brands, they have immense opportunity, and that includes an array of brands like POWER RANGERS and DUNGEONS & DRAGONS.
Old OP (again, sorry for the mistake):
Old rumour thread: https://www.resetera.com/threads/rumor-hasbro-to-end-partnership-with-toei-for-power-rangers.244069/
And now it's official (source: https://www.theilluminerdi.com/2021/02/25/hasbro-reinventing-power-rangers/ )
Hasbro has confirmed their plans to reinvent the Power Rangers franchise after Power Rangers Dino Fury with a new era that will be "creating a new universe for a broader audience across film, premium TV, animation & kids content" at their recent Investor Event.
We previously reported back in July of last year that Hasbro will be ending their partnership with Toei, the makers of the Super Sentai series, for Power Rangers. We also reported on the development of a new theatrical film in development over at Paramount. This would conclude the current iteration of the Power Rangers series as it has been for 28 years with Power Rangers Dino Fury, which was officially confirmed to have two seasons according to the Hasbro Investor Event.
What's most intriguing:
Further expressed is the fact that Jonathan Entwistle will be taking over the franchise as the Kevin Feige-type figure for the expanded universe. This was confirmed by The Hollywood Reporter back in October of last year.
I wonder if the success of the BOOM! Comics has something to do with this, as they are a big departure from traditional PR storytelling and Hasbro wants to have the same kind of creative freedom from now on.
In any case, it's the end of an era.
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