Guess we know why John Warden is back on Transformers/GI Joe! (He had been assigned to "Design Director" for what was once called "Emerging Brands". I think Hasbro reorganized, with Emerging Brands becoming "Portfolio Brands", which amounted to Hasbro properties which weren't significant enough to be labeled "Franchise")
While I think the business types are all excited about this...I think it reflects poorly on how Hasbro has been handling many of its properties as of late. Power Rangers was an Evergreen property for damn near 30 years, but within 5 years, Hasbro managed to fumble the brand out of mass retail. Hasbro is licensing out Power Rangers because people in management don't feel it is worth investing in, as a brand. A brand that managed to survive peaks, valleys, ownership changes, channel changes and market changes longer than some fans have been alive.
As it stands, I suspect Lightning Collection to be relegated to Pulse (if it even continues), and I'm not sure how much long term viability the brand has when it looks like Hasbro may not be investing in new media. Power Rangers has the same benefit Transformers does on that regard, though, with Hasbro having spread content across Netflix, Tubi , YouTube and Pluto. It's not hard to find Power Rangers content, but after 30 years, the iconography is damn diverse, without the "hallmarks" Transformers has when it comes to key character designs. And like Transformers, MMPR is the "G1" from which everything else is subservient to.
This continues a trend I've not been happy with in Hasbro: As a TOY company, they are increasingly embarrassed to make toys FOR KIDS. In order to facilitate making stuff that appeals to older fans and legacy fans, the kid stuff has suffered ACROSS the board. Lacking paint apps, details, articulation, Hasbro's kid centric products are comparing unfavorably against its competitors.
In a lot of ways, I'm being reminded of Mattel's downward slide in the 2000s as Mattel was guilty of a LOT of the same misguided focus on the their output and a corporate board more concerned with stock price than the quality of product or building brands.