Overview
- The cancellation, reported Friday, August 14, 2026 by Deadline, means the planned live-action Power Rangers series will not advance past development.
- Disney+ and 20th Television cited budgetary pressure for the decision, saying the effects-heavy, action series would demand a large budget that weakened the financial case.
- A core complication was that Hasbro owns the Power Rangers brand, which added licensing costs and limited Disney's ability to control merchandising and long-term exploitation.
- Jonathan E. Steinberg and Dan Shotz remained attached as showrunners during development and will continue work on other projects, including finishing Percy Jackson season 3 for Disney+ on November 20, 2026.
- The move highlights a wider streaming trend where platforms favor projects tied to in-house IP or clearer revenue paths, and it leaves Hasbro seeking another partner to mount a costly, high-profile live-action reboot.