It was just announced this week that Saban Brands will be officially closing July 2nd, and it was announced in a recent business report. This announcement is coming almost a month after Hasbro brought Power Rangers from Saban. The Century City, CA office will be closing, and 60 employees will be losing their jobs. Currently, 51 of those jobs will be eliminated at the date of the closure. It’s unknown if Hasbro will be employing any of the dismissed employees. However, Saban Brands’s parent company, Saban Entertainment Group, which is an entertainment investment firm, will still remain open.
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