Complex sentence: The "Power Rangers" franchise has also generated three theatrical motion pictures, the first two distributed by 20th Century Fox, and a third film, titled "Power Rangers", is scheduled to be released in 2017 by Saban and Lionsgate.
Split into simpler sentences: The "Power Rangers" franchise has also generated three theatrical motion pictures. The first two are distributed by 20th Century Fox, and a third film, titled "Power Rangers", is scheduled to be released in 2017 by Saban and Lionsgate.