The new film will "re-envision" the story of a group of high school kids who are infused with super powers that must work together to save the world.
"Power Rangers" began life over two decades ago and has been in continuous production ever since. Toys, apparel, costumes, video games, DVD's, comic books and other merchandise have all been spawned from the property, as have two feature films back in the mid-1990s.
The property also has a devoted worldwide fan base as well as a detailed mythology that screams cinematic reboot.
"Star Trek" and "Transformers" scribe Roberto Orci will serve as executive producer. The trio will develop the movie’s story, with Miller and Stentz writing the script.
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