The color palette of the Power Rangers team has changed over the years. Power Rangers is a group of superheroes, each one of them with its own unique colored suit. The first Power Rangers series was launched in 1993, on August 28th. Power Rangers was produces by Saban Entertainment, later on by BVS Entertainment and finally by SCG Power Rangers LLX. Power Rangers is an American franchise built around a TV series who features a team of costumed heroes.