It was directed by Dean Israelite from a screenplay by John Gatins and a story conceived by the writing teams of Matt Sazama and Burk Sharpless, and Michele and Kieran Mulroney.

The film features the main characters of the television series with a new cast, starring Dacre Montgomery, Naomi Scott, RJ Cyler, Becky G, Ludi Lin, Bill Hader, Bryan Cranston, and Elizabeth Banks.

In the Cenozoic era, a team of warriors known as the Power Rangers are tasked with protecting the Zeo Crystal and life on Earth.

He orders Alpha 5, his robotic assistant, to perform a meteor strike that kills him, the dinosaurs, and sends Rita to the bottom of the sea, foiling her scheme.

65 million years later in the town of Angel Grove, high school football star Jason Scott is kicked off the team and placed under house arrest after a failed prank.

Billy detonates explosives to break some rock, attracting the attention of Jason, Kimberly, and nearby students Trini Kwan and Zack Taylor.

Elsewhere, Rita's sleeping body is found, but upon waking, she goes on a rampage, accumulating gold to raise her minion Goldar and find the Crystal.

To inspire the Rangers, Alpha reveals the Zords, a fleet of enormous assault vehicles modeled after dinosaurs.

Rita forces Billy to reveal the location of the Crystal, which he figured out is under a Krispy Kreme, kills him, and releases the other Rangers.

After refusing Jason's offer to surrender, Rita declares that more will come for the Crystal and leaps at the Megazord only to be slapped into space.

[a] Jason David Frank and Amy Jo Johnson, two of the cast members of the original TV series, make cameo appearances as Angel Grove citizens.

[22] Four months later, Bryan Cranston, who voiced Twin Man and Snizzard in the original series, announced he was cast as Zordon.

[20] In March 2017, it was reported that Amy Jo Johnson and Jason David Frank, who played Kimberly and Tommy in the original series, would cameo in the film, despite Jones' earlier comments.

[56] The official soundtrack, with music by Brian Tyler, was released digitally on March 24, 2017, and on CD on April 4, distributed by Varèse Sarabande.

The soundtrack features the "Power Rangers Theme," sung by renowned vocalist Dimash Qudaibergen, and "Give It All", a song by With You.

[78] The trailer garnered mixed reactions, with some praising it for its darker, contemporary reimagining of the classic characters, while still looking action-packed and fun at the same time,[79][80] and others criticizing it for its lack of connection to the original series, saying it appeared "brooding".

Studios announced that they would release a graphic novel titled Power Rangers: Aftershock, set immediately after the events of the movie.

[114] The film retained the top spot on the NPD VideoScan's overall disc sales chart for the week ending on July 9, 2017.

The site's critical consensus reads, "Power Rangers has neither the campy fun of its TV predecessor nor the blockbuster action of its cinematic superhero competitors, and sadly never quite manages to shift into turbo for some good old-fashioned morphin time.

[134] IGN gave the film a 7 out of 10, saying, "Power Rangers doesn’t quite pull off everything it wants to, but it’s a fun time at the theater nonetheless.

"[135] Mike McCahill of The Guardian wrote that "the film achieves a functioning mediocrity we perhaps might have thought beyond this franchise," and gave it 2 out of 5 stars.

"[137] Owen Gleiberman of Variety criticized the film's conflicting tones, saying: "...25 years ago, Mighty Morphin Power Rangers was launched as superhero fodder for kids, and there was indeed a place for it, but we’re now so awash in superhero culture that kids no longer need the safe, lame, pandering junior-league version of it.

"[3] In a review for The Telegraph, Robbie Collin gave it one star out of five, criticizing the "abjectly embarrassing frenzy of product placement".

[144] Prior to the home release of the movie, Israelite confirmed that talks were taking place regarding a sequel,[145] and that he would like to include Lord Zedd and Tommy Oliver (Green Ranger) in it.

[146] The possibility of a sequel increased once more, in early July 2017, when it was reported that the film held the number-one spot in home media sales and rentals within its first week.

[148] A Saban Brands representative stated in October 2017 that "Power Rangers continues to own and renew hundreds of trademark registrations worldwide, including for the 2017 movie logo.

The trademark registration process is very nuanced, and the status of the single application has no bearing on our ownership of or the future plans for Power Rangers.

"[149] On May 1, 2018, Saban Brands 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.

[152] On July 11, 2019, in the AMA thread on the Stranger Things subreddit, Dacre Montgomery revealed that the studio had plans to produce a second reboot, albeit without himself nor the rest of the cast, as well as the director being replaced.

[153] On December 13, 2019, it was reported that Jonathan Entwistle was in early negotiations to direct the reboot, with Patrick Burleigh being set to write the script.