A 25-year run has come to an end.
After serving as the master toy license for Power Rangers since the franchise’s inception in 1993, Bandai and Saban Brands have agreed to mutually part ways.
The agreement to not renew their partnership will become effective in April 2019. Until then, Bandai will continue to support Power Rangers with the production of toys for Power Rangers Super Ninja Steel, and the franchise’s milestone 25th anniversary.
Bandai will continue to remain partnered with Toei Company Ltd. to produce toys for the Super Sentai series, which airs overseas in Japan.
The news became official in a joint statement put out by Saban Brands and Bandai.
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.
At this time, it is unknown which toy company will inherit the rights to produce Power Rangers toys.