Saban Brands to end Power Rangers partnership with Bandai America as of April 2019.
During a press release today, Saban Brands announced they will not be renewing their Power Rangers partnership with Bandai America, one that they had continued for the past 25 years.
Bandai America’s statement is cited below:
After a successful 25-year partnership building the iconic action franchise, Power Rangers, Saban Brands and Bandai have mutually agreed not to renew their global Power Rangers master toy license agreement, effective April 2019. Bandai will continue to support Power Rangers, including the 2018 commemoration of the Power Rangers 25th anniversary and the current season, Super Ninja Steel. In addition, Bandai, through its partnership with Toei Company Ltd., will continue to exploit toy rights for the Super Sentai series, which has enjoyed over 40 years of success, in Japan and select other Asian territories.
More details will be elaborated upon when further information and clarification is announced.
Sources: Saban Brands Press Release