Lone Ranger separate owners and the familial link has been ignored in the Western character's various incarnations. The Lone Ranger – Green Hornet connection is part of Philip José Farmer's Wold Newton Universe, which connects disparate fictional characters. Republic Pictures released two serials starring the Lone Ranger. The first, released in 1938, utilized several actors playing different men portraying the masked hero, with the true Lone Ranger unknown to the audience until the conclusion; the character played by Lee Powell is ultimately revealed to be the Lone Ranger. The second serial, "The Lone Ranger Rides Again", was released in 1939 and starred
The Lone Ranger Rides Again was $213,997 (a $20,119, or 10.4%, overspend). It was the most expensive Republic serial of 1939 and the second most expensive of all Republic serials after "Captain America" (1944, $222,906), just beating "Secret Service in Darkest Africa" (1943, $210,033). The studio was willing to spend so much on this serial because the previous Lone Ranger serial had been a major success and was making a profit after only a few months on release. It was filmed between 9 December 1938 and 20 January 1939 under the working title "The Lone Ranger Returns". The serial's production number was 895. Director William