Harry Potter Reboot: Warner Bros Revives the Magic After Fantastic Beasts Flop!

Harry Potter Reboot: The Wizarding World film series from Warner Bros. has made nearly $10 billion worldwide over 20 years. J.K. Rowling’s Fantastic Beasts prequel films have not been as successful as the eight Harry Potter movies based on her best-selling books.

A new report claims that the studio is ready to reboot the original set of films much sooner than fans anticipated initially, even though it has been well over a decade since the release of Harry Potter and the Deathly Hallows—Part 2.

In a November interview, Warner Bros. Discovery CEO David Zaslav discussed the success of the Harry Potter film franchise and his plans to put more resources into developing and expanding existing franchises in the future.

Now, reputable leaker, WDW Pro has tweeted, “Exclusive Leak: WBD is reportedly looking to reboot the Harry Potter film franchise, including recasting, in the next 3-5 years. Tomorrow morning, we will post on the @ValliantRenegad channel the specifics of how a source made me aware of this information. Use caution, but here’s what was essentially said.

On Valient Renegade, WDW Pro said, “It now seems extremely likely that the Harry Potter universe, which I think internally is called The Wizarding division, is receiving a reboot in the future in terms of the movies.”

And that might mean recasting some of the principal actors and characters who have become synonymous with the Harry Potter universe in their iconic roles… This has nothing to do with the Fantastic Beasts series. We aren’t going off on a tangent about these minor Harry Potter items.

We’re talking about what people in the know call “core Harry Potter.” You’re looking at Harry, Hermione, and Ron from the beginning,” Valliant Renegade said. New actors. Having to start from scratch. However, the source of the leak suggests that it’s not relatively as easy as a restart.

harry potter reboot
harry potter reboot

Harry Potter Reboot

Hollywood has a long history of cashing in on successful franchises by creating sequels, prequels, remakes, and reboots. Harry Potter appears to be the next franchise to adopt this standard procedure.

There have been whispers that the record-breaking Harry Potter franchise may be recast and relaunched by Warner Bros. Discovery (WBD).

Such rumors have been circulating for some time, ever since WBD CEO David Zaslav mentioned his interest in the Harry Potter franchise on the Q3 earnings calls for 2022. Despite the passage of time, new rumors have surfaced about this call, precisely thanks to Twitter user WDW Pro, well-known for leaking information.

“In the next three to five years, WBD plans to reboot the Harry Potter film franchise, which will reportedly include recasting.”

WDW Pro continued by posting the following on Valliant Renegade’s channel: “It now seems extremely likely that the Harry Potter universe, which I think internally is called The Wizarding division, is receiving a reboot in the future in terms of the movies.” And that could mean recasting some of the principal actors and characters who have become synonymous with the Harry Potter universe.

With the announcement that it would be a retelling of the first seven Harry Potter books, Valliant Renegade brought things into focus: You’ve got Harry, Hermione, and Ron right there in front of your eyes. New actors. Having to start from scratch.

The Wizarding World may be in an uproar, but this is hardly shocking. Given how much money the Harry Potter franchise has made over the years, a remake or reboot was always possible.

Statista estimates that the franchise has made $25 billion since 1997, including $8.5 billion at the box office (including worldwide revenue from The Crimes of Grindelwald), $7.7 billion from book sales, and $9.3 billion from toy and DVD sales.

Warner Bros. has always needed to find new audiences as the Harry Potter fan base age increases. Also, the Fantastic Beasts and Where to Find Them series has not been successful and is essentially dead and buried after several recasts, scandals, and falling audience numbers.

Therefore, the studio needs a new beginning and a way to distance itself from the existing franchise’s controversy, as demonstrated by Daniel Radcliffe’s criticism of author J. K. Rowling’s transgender comments.

But does that justify a reboot, especially given the mounting speculation that the roles previously played by Daniel Radcliffe, Emma Watson, and Rupert Grint will be recast entirely? Although it has been over a decade since the release of Harry Potter and the Deathly Hallows: Part 2, isn’t this a little too soon?

Wouldn’t it be better to have a TV show based on Harry Potter that diverges from Rowling’s books so that more character growth is possible? Currently, it’s safe to say that not even the most prestigious film franchises are immune to change.

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