Haim Saban
The media mogul who built Power Rangers into a global phenomenon.
Haim Saban is the Israeli and American media proprietor, investor, and producer who founded Saban Entertainment, the company behind the Power Rangers franchise. Born October 15, 1944, in Alexandria, Egypt, to an Egyptian-Jewish family, he immigrated to Israel in 1956. After serving in the Israel Defense Forces, he started his music career in 1966 as a bass player and manager. His estimated net worth is $3.3 billion. In March 2017, he was honored with a star on the Hollywood Walk of Fame for his achievements in television.
Quick Facts
- Born
- 15 October 1944
- Birthplace
- Alexandria, Egypt
- Citizenship
- Israel, United States
- Occupation
- Businessman, investor
- record, film and television producer
- CEO of Saban Capital Group
- Political party
- Democratic
- Spouse
- Cheryl Flor (m., married 1987)
- Children
- 4
Lore & Background
Haim Saban's journey to creating Power Rangers began with his music career in Israel, where he worked as a tour promoter and discovered Noam Kaniel. After moving to the United States in 1983, he and partner Shuki Levy became known for soundtrack compositions for children's television programs of the 1980s, scoring for shows like Inspector Gadget, He-Man and the Masters of the Universe, and She-Ra: Princess of Power. In 1988, he founded Saban Entertainment, which became famous in the 1990s for producing Power Rangers, Masked Rider, VR Troopers, and Big Bad Beetleborgs — Western adaptations of Japanese tokusatsu shows. In 1996, his company merged with News Corporation's Fox Children's Network to form Fox Kids Worldwide. In 2001, Saban and News Corporation sold Fox Family Worldwide to The Walt Disney Company for $5.3 billion, with Saban profiting about $1.5 billion.
Reader's Guide
The mythology of Power Rangers often speaks of ancient warriors or cosmic entities granting power to chosen individuals, a narrative device used to explain the source of their abilities within the story. However, the real-world 'mythology' involves a complex evolution of international collaboration. The franchise began by adapting existing Japanese footage, a practice that required careful editing and creative writing to bridge cultural gaps. Behind the scenes, the show's success was driven by a unique business model that integrated toy marketing directly into the narrative structure.
This approach allowed the series to expand rapidly, introducing new teams, villains, and themes every season while maintaining a consistent brand identity. Over time, as production companies changed ownership, the creative direction shifted, yet the core formula of combining live-action drama with special effects-driven action remained intact. Saban's influence is most visible in the show's emphasis on teamwork and positive messaging, which became hallmarks of the series.
The evolution from the original Mighty Morphin era to modern iterations reflects changes in television production and audience tastes, but the spirit of the adaptation pioneered by Saban continues to define the Power Rangers legacy.
Did You Know?
- In 1998, The Hollywood Reporter reported that Saban did not actually compose all the music he is credited for; ten composers threatened to sue and Saban settled out of court.
- In August 2003, Saban led a consortium that acquired ProSiebenSat.1, marking a notable foreign takeover of a German media company; the deal was finalized in 2004.
- Saban has stated in multiple interviews: 'I'm a one-issue guy, and my issue is Israel.'
Early Life and Musical Foundations
Born in Alexandria, Egypt, Haim Saban's journey began within an Egyptian-Jewish family before immigrating to Israel in 1956 alongside the majority of his community. His early education was unconventional; after being expelled from a Youth Aliyah boarding school for troublemaking, he attended night high school where a principal famously advised him that he was destined for making money rather than academic pursuits. Following military service in the Israel Defense Forces, Saban launched his entertainment career in 1966 with The Lions of Judah.
Interestingly, despite lacking bass-playing skills, he secured the role by conditioning band bookings on his inclusion as a musician. Although the group achieved some international exposure in London and on BBC television, financial hurdles prevented their single from releasing in the UK. Returning to Israel, Saban pivoted to promotion but faced significant debt following losses during the Yom Kippur War. This setback led him to discover composer Noam Kaniel, taking him to Paris to produce music that eventually connected Saban to American cartoon soundtracks, laying the groundwork for his future dominance in children's media.
Building an Entertainment Empire
Transitioning from music promotion to television production, Saban founded Saban Entertainment in 1988, establishing a legacy defined by adapting Japanese tokusatsu shows for Western audiences. His company became synonymous with franchises like Power Rangers, Masked Rider, and VR Troopers during the 1990s. Alongside partner Shuki Levy, he composed thousands of soundtracks for iconic series such as He-Man, She-Ra, and Inspector Gadget, though later reports revealed that many credits were shared among other composers in a settlement involving threatened lawsuits.
A major strategic milestone occurred when Saban Entertainment merged with News Corporation's Fox Children's Network to form Fox Kids Worldwide. Recognizing the industry shift toward cable channels like Nickelodeon, they sought to launch a dedicated competitor. This vision culminated in 2001 when Saban and News Corp sold Fox Family Worldwide to The Walt Disney Company for $5.3 billion. This transaction not only renamed the network ABC Family but also netted Saban approximately $1.6 billion, cementing his status as a titan of global media.
Global Media Investments and Turnarounds
Beyond children's programming, Saban demonstrated remarkable acumen in acquiring and revitalizing major international broadcasting entities. In 2003, he led a consortium to purchase a controlling stake in the struggling German media giant ProSiebenSat.1 from the bankrupt Kirch Group. This acquisition marked the first time a foreigner controlled such a significant German media company. Saban orchestrated a successful turnaround by recruiting high-profile executives like Tony Ball and Greg Dyke to the board, eventually selling his interest in 2007 for a substantial profit.
This deal positioned him as a key player in Spanish-language media until the company was later sold to private equity firms in 2020. More recently, he established the Saban Music Group with $500 million of personal capital, focusing on developing global artists and acquiring businesses within the Latin American music sector.
Civic Engagement and Public Recognition
Haim Saban's influence extends well beyond corporate boardrooms into significant political and civic spheres. He is a prominent donor to the United States Democratic Party and remains deeply active in pro-Israel advocacy efforts across America. His contributions to the entertainment industry were formally recognized in March 2017 when he received the 2,605th star on the Hollywood Walk of Fame for his achievements in television. Despite his vast wealth, estimated at $3.3 billion, Saban maintains a personal life centered in Beverly Hills with his wife Cheryl Lynn and their two children, alongside his stepchildren, including actress Heidi Lenhart.
His career trajectory reflects a unique blend of entrepreneurial risk-taking, from his early days as a self-taught bassist to becoming a billionaire media mogul who reshaped the landscape of children's television and international broadcasting through strategic acquisitions and creative production.
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