"It's Not A Kids Book": Harry Potter Value Questioned By WB Before Turning Into Billion Dollar Franchise

Former WarnerBros. superintendent Lorenzo di Bonaventura recalls the original hesitancy at the plant about acquiring the rights to Harry Potter. 

According to a former superintendent, WarnerBros. originally had reservations about paying so important plutocrat to acquire the rights to Harry Potter. Grounded on the novels by author J.K. Rowling, Harry Potter and the Sorcerer's Stone was released in 2001, introducing cult to Daniel Radcliffe's Harry, Rupert Grint's Ron, and Emma Watson's Hermione. The first movie would be followed by seven direct conclusions and three derivation pictures, with the ballot now standing as one of WarnerBros.' most precious parcels. 

 In a recent interview with Collider, patron and former President of Worldwide Production at Warner Bros. Lorenzo di Bonaventura reveals that the plant at first questioned whether buying the rights to Harry Potter was a good idea. Bonaventura, still, saw commodity in the book that other directors didn't. Check out the patron's full comment below 

"It was a great book, and [when] we read it… it had not been published. I think while we were negotiating, it was released in England and it started becoming a phenomenon. It was just a great story, and it just felt fresh and it caught my imagination more than anything else. Then I met J.K. (Rowling) and she laid out seven books, like where it was going, and it was just like, ‘Wow, okay, we don't have to do much,’ you know? Like it's been figured out. We just have to now figure out how to reduce it to a two-hour kind of experience.

“It was interesting because at the time, some of my boss' reaction was, ‘Why are you buying a kid book for a lot of money?’ And I'm like, ‘It's not a kid book, it's an everybody book. It's got a great imagination.’ That's what drew me to it.”

Harry Potter Was A Great Investment For Warner Bros.

Harry Potter and the Sorcerer's Stone was made for$ 125 million, which is clearly no small sum. The adventure paid off, still, with the film eventually combing in about$ 965 million at the box office. posterior flicks would make analogous quantities, with the smallest of the mainline flicks being Harry Potter and the internee of Azkaban in 2004 at a still- emotional$ 789 million. Harry Potter and the Deathly Hallows Part 2 remains a ballot high at the box office with a whopping$1.315 billion. 

The first derivation, Fantastic Beasts and Where to Find Them, was also a megahit, proving that there is still gas left in the ballot's tank with its$ 811 million haul. Interest wagons with the posterior two inaugurations, still, with Fantastic Beasts The Crimes of Grindelwald making$ 648 million and Fantastic Beasts The Secrets of Dumbledore making a ballot low of$ 404 million. 

 Although the final two Fantastic Beasts flicks were fairly disappointing critically and commercially, Harry Potter remains a largely precious ballot. WarnerBros. is putatively trying to subsidize on Rowling's work further, with the advertisement that 7- season Harry Potter reboot show is in development. Although the necessity of such a show has been questioned and Rowling's involvement continues to be a sticking point for numerous given the uninterrupted contestation girding her, the Wizarding World is likely going to be around for a good while longer.