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View Poll Results: Did Peter get a bad deal with Nickelodeon? | |||
Yeah, bad deal. | 4 | 23.53% | |
He got a good deal. | 7 | 41.18% | |
I don't have enough information to say. | 6 | 35.29% | |
Voters: 17. You may not vote on this poll |
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05-02-2018, 10:14 AM | #1 |
Weed Whacker
Join Date: Apr 2007
Location: Auburn, WA
Posts: 29,265
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"Power Rangers" sold to Hasbro for $522 million...did Peter get a bad deal with Nick?
I know this is being talked about in the Power Rangers thread, but I think it deserves its own thread as it's... if not infuriating, then a bit puzzling. At least, to me.
https://newsroom.hasbro.com/news-rel...gers-and-other How in the world does "Power Rangers" get sold en masse for $522 million... when all rights to TMNT gets sold en masse for $63 million... even in 2009? Does nobody else see the madness in this? Is "Power Rangers" really worth over 8 times what TMNT is?
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Last edited by Andrew NDB; 05-02-2018 at 10:38 AM. |
05-02-2018, 10:21 AM | #2 |
Annalist
Join Date: Jul 2004
Posts: 16,435
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Power Rangers definitely isn't worth as much... except it turns out that it was.
I dunno, I always figured Laird wanted out and lost the TMNT fire in the belly, somebody offered him money allowing him to live in comfort the rest of his life, why haggle, BOOM. The man exited, stage right.
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05-02-2018, 10:26 AM | #3 |
Mad Scientist
Join Date: Nov 2002
Posts: 1,338
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Sounds like the deal is for all Saban IPs and their entire content library. The TMNT library wasn't controlled by Mirage-- the movie, the old cartoons, etc. weren't part of the Nick deal. Nick only bought the IP to produce new content. I'm guessing that plays a huge part in the higher cost.
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05-02-2018, 10:26 AM | #4 |
Mad Scientist
Join Date: Jul 2017
Location: UK
Posts: 2,393
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Hasbro seemed to think so. Shocking difference. Maybe it being sold during a successful? revival gave more weight? otherwise I don't know, I wouldn't have the thought turtles could be worth so much less but I don't know enough about what's involved, I've never cared about PR.
Last edited by newfan; 05-02-2018 at 10:54 AM. |
05-02-2018, 10:43 AM | #5 |
Overlord
Join Date: Feb 2004
Location: Between yesterday and tomorrow!
Posts: 14,937
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Maybe Viacom also assumed a number of debts on Mirage or 4Kids? Back in 2009, I thought $63 million seemed like a steal, but I obviously don't know all the details of the contract.
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05-02-2018, 10:59 AM | #6 |
The Agenda of Existing
Join Date: Dec 2008
Location: Vikingland
Posts: 14,596
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Power Rangers is bigger then Ninja Turtles in sheer scope, iterations and just amount of material considering Power Rangers more or less gets to mine their IP from already existing Sentai stuff, that's 40+ years of material right there to mine from a franchise that's technically just 25 years old.
Plus, they also bought My Pet Monster, Julius Junior, Tree House detective and ****ing Popples! |
05-02-2018, 11:03 AM | #7 |
Weed Whacker
Join Date: Apr 2007
Location: Auburn, WA
Posts: 29,265
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Why would they have any debts?
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05-02-2018, 11:14 AM | #8 |
Like, stupid rich.
Join Date: Sep 2003
Location: The Rawkzone
Posts: 2,805
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Think of how much more it would have gone for if the movie was a big success.
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05-02-2018, 11:21 AM | #9 |
Overlord
Join Date: Feb 2004
Location: Between yesterday and tomorrow!
Posts: 14,937
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Didn't Laird basically pay a chunk of his own money to bring the last season of the 4Kids show to completion?
And, of course, it was widely assumed (maybe even confirmed in the letter columns) that Mirage published Volume 4 comics at a loss. Or maybe the 25th Anniversary tour ended up costing more than the reported budget of 1 million?
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05-02-2018, 11:33 AM | #10 | |||
Weed Whacker
Join Date: Apr 2007
Location: Auburn, WA
Posts: 29,265
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Quote:
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05-02-2018, 11:39 AM | #11 | |
Overlord
Join Date: Feb 2004
Location: Between yesterday and tomorrow!
Posts: 14,937
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Quote:
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Experience the TMNT Fan Commentaries! Check out my TMNT fan comic, "Nothing to Fear"! View my sketch work! I'm selling some of my hard-to-find TMNT items! |
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05-02-2018, 11:47 AM | #12 |
Mad Scientist
Join Date: May 2010
Posts: 1,715
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Yes, Power Rangers is just that valuable. Power rangers is the equivalent/adaptation for the Japanese Super Sentai series for the rest of the world outside of East Asia. As someone who works in retail, I can tell you Power Rangers has a larger merchandising and licensing revenue stream now, than TMNT did before the Nickelodeon buyout. Power Rangers is an evergreen property that turns over every year or two, with new toys, new characters, and a whole new genre theme built into each season; basically, each season is like a brand new super hero team with anew set of villains, and the merchandise has to be bought all over again. TMNT, while personally I think a more interesting property, doesn't self -renew for the kiddies the way PR does every year or so.
In short, TMNT's artisitc value may or may not outweigh power rangers, but Power Rangers is monetarily the more valuable brand. Or rather, Power rangers is more valuable now, than TMNT was at the time of laird's sale. Also, as others have said, Hasbro is gettign all the past Power Ranger media and content, along other brands owned by saban, in the sale.
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05-02-2018, 12:16 PM | #13 |
Emperor
Join Date: Jul 2014
Location: Stockholm
Posts: 9,449
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Maybe I'll sound like an asshole for saying this, but how is a license contract and a trademark worth 522 million dollars?
Power Rangers isn't really an IP itself, it's more like a license to distribute/produce Super Sentai material outside of Japan. The exclusive rights to hack a Japanese kids' show to pieces and splice in footage of New Zealanders pretending to be American, that's really all they're getting in addition to the name Power Rangers. It can't be worth 522 million dollars. "Owning" Power Rangers is basically meaningless unless you also own Super Sentai. Otherwise Toei might not renew the license and someone else might "create" a "new" show under a different name, like Saban did in the first place. |
05-02-2018, 12:18 PM | #14 |
Foot Elite
Join Date: Aug 2013
Posts: 2,975
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05-02-2018, 12:23 PM | #15 |
Weed Whacker
Join Date: Apr 2007
Location: Auburn, WA
Posts: 29,265
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0. The first one lost a lot of money.
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05-02-2018, 12:31 PM | #16 |
Foot Elite
Join Date: Aug 2009
Location: Maryland
Posts: 3,982
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Yes, considering Hasbro wants to turn all of the properties they own into films. Would it be a direct sequel? Dont know, but if they're wanting more Transformers films to hit the market, why cant Power Rangers.
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05-02-2018, 12:40 PM | #17 |
Weed Whacker
Join Date: Apr 2007
Location: Auburn, WA
Posts: 29,265
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Yeah, pretty good odds they try to do a reboot at some point.
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05-02-2018, 12:53 PM | #18 | |
Big Blue Boy Scout
Join Date: Mar 2016
Location: New Bark Town
Posts: 4,474
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Is it finally time for Hasbro to buy tmnt now?
(You know what I mean Indigoearth )
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05-02-2018, 01:10 PM | #19 |
Like, stupid rich.
Join Date: Sep 2003
Location: The Rawkzone
Posts: 2,805
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The movie wasn't bad for what it was. I would have liked to see a sequel but I'm not exactly heartbroken over not getting one either.
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05-02-2018, 01:13 PM | #20 | |
Mad Scientist
Join Date: May 2010
Posts: 1,715
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Say Hasbro were to buy out Toei's stake in the PR IP, and separate it from super sentai. MMPR could easily be remade, with redesign of the Zords and monsters (minus Zedd and the tengas, who could remain unchanged) and removing all Sentai visual elements. Rita Repulsa, goldar, scorpina, and the others could still be there, just after a radical redesign.
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My TMNT fanfic: https://www.fanfiction.net/s/1266176...n-a-Half-Shell IDW is the best version of TMNT If they make a TMNT reboot movie retelling the shredder battle/origin, I won't buy a ticket. |
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