Daniel Radcliffe as Harry Potter in Harry Potter and the Philosopher’s Stone.
Beware of Witches and Wizards, a new live action Harry Potter series might be coming to HBO Max.
Executives of WarnerMedia-based streaming service is reportedly in talks bring the beloved book and film franchise to television, According to a report by The Hollywood Reporter on Monday, citing sources with knowledge of the production plans.
“There are no Harry Potter series in development in the studio or on the streaming platform,” Warner Bros. and HBO Max representatives told CNBC in a statement.
The Harry Potter series by J.K. Rowling has spawned spinoff books, 10 checkout features, and theme park spaces at Universal Studios in Florida and California. It’s one of the most valuable IP pieces that Warner Bros. has in their vault.
However, there are some complications. For one, Rowling still controls the franchise and has a say in everything related to the property. The author has been checked for comments on the trans community and has received backlash from even the most loyal Harry Potter fans.
In addition, Warner Bros. signed a contract with NBCUniversal in 2016 that gave its competitor domestic TV distribution rights, including U.S. broadcast, cable, and streaming rights to the entire Wizarding World franchise. The deal doesn’t expire until 2025.
Disclosure: Comcast is the parent company of NBCUniversal and CNBC.