I ♥ Power Rangers

I ♥ Power Rangers

Saban Capital Group reports it has purchased the "Mighty Morphin Power Rangers" from the Walt Disney Company. Nickelodeon and Saban Brands will team up to program the characters on air for an 18th season. with 20 new episodes launched in 2011 and a back catalog of 700 episodes launching on Nicktoons later this year.

Produced by SCG Power Rangers LLC, the series will start new production this summer with original Executive Producer Jonathan Tzachor, a fresh teenage cast, look and theme for the show.

“Power Rangers is one of the world’s leading children’s entertainment properties and we are delighted to see its return,” said Haim Saban, chairman, chief executive officer, Saban Capital Group, Inc.

Following its introduction in 1993 on the Fox Kids Network, "Power Rangers" has been translated into several languages, becoming the #1 boys brand in the world from 1993-97, based on toy sales/TV ratings,