The news that the Power Rangers franchise is being rebooted with a new movie was met with a mixed response from fans, with many wondering whether there’s still room for the fairly dated characters in a world with the┬álikes of Avengers: Age of Ultron and Batman v Superman: Dawn of Justice on the way.

However, since Mighty Morphin Power Rangers launched over two decades ago, the series has been in almost continuous production, with merchandise still selling well and a loyal fanbase in place. A movie like this however could potentially move them right back into being the huge brand they used to be.

It has been revealed this evening that Lionsgate and rights holder Saban Brands have drafted in a pair of writers who know all about rebooting a stale franchise; X-Men: First Class scribes Ashley Miller and Zack Stentz. Star Trek and The Amazing Spider-Man 2 writer Roberto Orci will also executive produce.

Of course, Matthew Vaughn would later state that he and Jane Goldman rewrote X-Men: First Class from scratch, so how much they contributed is obviously unclear.

Orci (who recently split from longtime writing partner Alex Kurtzman) will develop the story with Miller and Stentz, though it’s the latter duo who will handle scriptwriting duties.

The writing team – who also have a credit on Marvel and Kenneth Branagh’s THOR – are no stranger to Transformers scribe Roberto Orci as they worked with him on Fringe.

This take on the Power Rangers will apparently completely re-envision the team, though they will likely still be a group of high school kids. There’s currently no word on a director or release date.

Source: The Hollywood Reporter