According to reports, Warner Bros. Discovery is near to finalizing a contract to make another go at the bestselling book. According to Bloomberg, the corporation is attempting to develop the franchise into a TV show soon.
Citing “two people with knowledge of the matter,” the outlet writes that each individual season will be based on one book from J.K. Rowling’s bestselling seven-novel saga that ran from 1997’s Harry Potter and the Sorcerer’s Stone through 2007’s Deathly Hallows. Warner CEO David Zaslav and HBO head Casey Bloys have evidently “worked to convince Rowling to produce” for quite awhile, and to ensure the project honors her source material, but the embattled author “will not run the show day to day or serve as its primary creator.”
Variety adds, “[Warner Bros.] is hoping the series can be one cornerstore of a new streaming strategy that will be announced next week.”
About 12 years have passed since the theatrical release of Harry Potter and the Deathly Hallows: Part 2, which brought in more than $1 billion at the box office. The franchise made around $8 billion in total, and the three Fantastic Beasts prequels authored by J.K. Rowling have generated more than $1.87 billion.