On May 5, 2010, Saban Capital Group announced that it would start
Saban Brands (
SB), a successor company to Saban Entertainment (later known as
BVS Entertainment) dedicated to acquiring entertainment and consumer brands. and would produce a new nineteenth season of Power Rangers that began airing on
Nickelodeon on February 7, 2011, with the previous 700 episodes being rerun on
Nicktoons. In February 2018, Saban Brands appointed
Hasbro as the global master toy licensee for
Power Rangers beginning in April 2019 with a future option to purchase the franchise. On May 1, 2018, Saban agreed to sell
Power Rangers and other entertainment assets to Hasbro for US$522 million in cash and stock, with the sale expected to close in the second quarter. Other properties in the deal included
My Pet Monster,
Popples,
Julius Jr.,
Luna Petunia,
Treehouse Detectives and Saban Brands' content/media libraries (excluding
Rainbow Butterfly Unicorn Kitty,
Sonic X and other properties that were sold to different companies before the deal). Saban's
Digimon and
Pretty Cure licenses were also transferred to Hasbro, although were later left to expire, thus reverting to
Toei Animation Inc. for its international distribution. Only nine existing employees out of sixty would be retained by SCG, and the Saban Brands subsidiary ended operations upon the closure of business on July 2, 2018. == Saban Films ==