Live-Action Reboot of Iconic ’90s Show Canned

Archive Photos / Getty Images Disney+ has scrapped a planned live-action reboot of ‘90s TV hit Power Rangers. Sources told Deadline the decision was financial rather than creative. Disney does not own the intellectual property for the Power Rangers franchise, so funding a high-end live-action reboot of the superhero series would be a costly investment. The reboot was to be based on Mighty Morphin Power Rangers, which launched in 1993 and became a lucrative entity, spawning movies, merchandise…