In March 2025, it was widely reported that Hasbro was partnering with Disney+ and 20th Century TV for a new live-action Power Rangers series, with Percy Jackson and the Olympians showrunners Jonathan E. Steinberg and Dan Shotz reportedly in talks to write, showrun, and produce the project. Well, it turns out those reports are accurate, with Steinberg and Shotz confirming the news during a red carpet (actually a blue carpet in this instance) premiere event for Disney+'s Percy Jackson and the Olympians Season 2.
"[Laughs] You are asking questions that you know I can't answer. Let's just say we very much hope to bring that story to life, so that's all I can say at this point," Shotz responded when asked about the "Power Rangers" reports by Movieweb. But Steinberg's response left little to the imagination: "The rumor is true. I can not tell you, but I am very, very excited for that story." What remains to be seen is if the new series will be a fresh start or something tied into the franchise's overarching universe.

In November 2021, Hasbro shared the news that it had found a "great writing partner" for "Power Rangers" overseer Jonathan Entwistle (co-creator of I Am Not Okay With This & The End Of The F***ing World), announcing that Jenny Klein (Daisy & the Six, The Thing About Pam) had joined the project as showrunner, part of Klein's overall two-year television deal at the time to develop genre and drama-based television content. During Summer 2024, the news came that the series was no longer moving forward, with Hasbro reportedly eyeing "a new creative direction for the series" with a different producing partner.

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