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Saban Entertainment was founded by Haim Saban, an Israeli-American media mogul. The company was established in 1988 and became known for producing popular children's television shows such as "Mighty Morphin Power Rangers," "Teenage Mutant Ninja Turtles," and "Digimon." Saban Entertainment also acquired the rights to other popular franchises, including "The Masked Rider" and "VR Troopers." The company was sold to The Walt Disney Company in 2001.