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Lionsgate, the studio behind The Hunger Games and The Twilight Saga: Breaking Dawn – Part 2, just announced plans to develop a live action feature film based on the popular superhero TV series Mighty Morphin Power Rangers. Power Rangers, which follows five high school students who morph into spandex-clad rangers and pilot giant mechanical creatures to fight evil, was imported from Japan by television mogul Haim Saban in 1993. Disney acquired the rights to Power Rangers in 2001, but Saban Brands bought it back in 2010 and relaunched the show. Lionsgate has acquired the rights to make a new film from Saban, but its very early in the process. There have been two Power Rangers feature films in the US: Mighty Morphin Power Rangers in 1995 and Turbo: A Power Rangers Movie in 1997.