More Harry Potter movies are on the way, announced Warner Bros. today.
Potter author J.K. Rowling is working with Warner Bros. in creating a new franchise of movies based on “Fantastic Beasts And Where To Find Them”, a fictitious text book in the Harry Potter world. The story will follow the adventures of Newt Scamander, the book’s author. Rowling will pen the screenplay.
The Harry Potter movies have earned $7.7 billion at the theatres alone, and that figured has likely been doubled with home video and TV sales. Plus fans are still buying Harry Potter merchandise.
The new films will not be based on books, which could make them a tougher sell. Also, Harry and friends will not appear in the new movies at all, which will be set in New York 70 years before Harry’s story began. Image/Hollywoodreporter.com