Lionsgate CEO Jon Feltheimer and fellow executives shared their plans and update on the upcoming "Power Rangers" reboot movie, which is scheduled for release on January 13, 2017, saying that they see it as a significant series of movies.

"We're very excited and with Dean's vision; we felt very comfortable looking for opportunistic dating. We really believe that great movies deliver no matter what date they're on," Lionsgate Motion Pictures Group Co-Chairman Rob Friedman explained, according to Comic Book.

Despite pushing the movie from July this year to January of next year, Lionsgate is very confident and optimistic about the 'Power Ranger' movie series.

Other productions of Lionsgate are already on the way, as the company is getting back together with "Hunger Games" director Francis Lawrence & Co. for Homer's "The Odyssey," which will be "more than one" film and will begin filming early next year, The Wrap reported.

The studio is also looking into an adaptation of the book called "The Iliad" and is already working on 'Now You See Me 3," even though the second film won't be out until June 2016.

Lionsgate plans to put out 14-15 films in 2016 and looks to go beyond that estimate in 2017.