Saban and Bandai of America have decided to part ways. Since 1993, Bandai has created the toys for all of the Power Rangers seasons. Well, today a 25-year run has come to an end. Both companies have mutually decided not to renew their agreement for Bandai to make the official Power Ranger toys. This will not go into effect until April 2019, so for the remainder of 2018, Bandai will still be making the toys for Super Ninja Steel and the franchise’s milestone 25th anniversary. Bandai will still be partnering with Toei Company Ltd. to make and produce the toys for the Super Sentai series in Japan.
Check out the official Saban press release below:
Press Release: February 15, 2018 – 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.