Hasbro spent like $500 million to buy Power Rangers and now they've literally given up the damn toy license to another company.
I guess they don't know what to do with it, I think the last series wasn't crazy popular, but then, I believe they are having some problems financally, bought on by the fact Disney went insane and turned the IPs they bought to caker to boys, into failing girl brands, I seen videos by a youtuber going around various stores in the US filming the unsold stuff of Marvel & Star Wars, its BAD, VERY, VERY BAD as the stuff is just lingering there unsold from all of their failures! Of course, I believe the previous CEO of Hasbro died suddenly and the company having not really focused upon their own brands, they ran into problems when Disney tried to get girls into what been primary boy brands and its come at the expense of the boys, so its pretty much a prefect storm of stupid, choices made by those in power and taking their customers for granted, but you reap what you sow, as they say, so hopefully things can get better, thou if I was in Hasbro's shoes, I would be looking for an out option from their Disney deals or changes of the terms so its in their favor and they can be rid of the junk they been forced to produce!