GrumbleGrump said:
I'm not talking about continuity. I mean what is the point of the movie considering that the franchise is still ongoing and profitable enough that it has another series planned. Making a large scale movie banking solely on nostalgia might backfire horribly, leading to a rather sizeable loss, so why make it?
You could apply that logic to any adaptation ever made about anything, provided that the 'thing' part is still ongoing. Plenty of films come out while separate TV series are still running. Also, looking at the movie's style of presentation, it's hardly banking on nostalgia, anymore than, say, Nolan's Batman was relying on nostalgia for Burton's.
But in Power Rangers specifically, is it financially sound? By my reckoning, yes. As in:
-Power Rangers has a fair amount of name recognition in of itself.
-Power Rangers is still ongoing, and is popular among today's audience (can't cite figures, but working in a library, it isn't uncommon to see Power Rangers DVDs going in and out on a semi-regular basis)
-MMPR is the most well known installment, at least among those who grew up with it at the time
-The movie is still trying to be its own thing