A sequel to the 2017 Power Rangers film is in development.

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Hasbro CEO Brian Goldner revealed the news in an official statement , saying Hasbro will be working with a studio to develop the new movie. Further details, including when this sequel would be released, weren't provided.Earlier this year, Hasbro acquired Power Rangers and other brands from Saban Brands for over $500 million . Along with a new film, Hasbro is also planning a variety of new Power Rangers entertainment products and licensed products.As previously confirmed, Hasbro's first Power Rangers products will be made available in Spring 2019.In our review of the 2017 Power Rangers movie, we say the film "doesn’t quite pull off everything it wants to, but it’s a fun time at the theater nonetheless."

Alex Gilyadov is a writer for IGN. Be sure to check out his YouTube channel and follow him on Twitter