Harry Potter TV sequence reportedly in works for HBO Max

Daniel Radcliffe as Harry Potter in Harry Potter and the Philosopher’s Stone.

Warner bros.

Beware of Witches and Wizards, a new live action Harry Potter series might be coming to HBO Max.

Executives at the WarnerMedia-supported streaming service are reportedly in talks to bring the popular book and movie franchise to television. This emerged from 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.

JK Rowling’s Harry Potter book series has spawned spin-off books, 10 box office 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, in 2016 Warner Bros. signed an agreement with NBCUniversal that gave its competitor domestic television distribution rights, including US broadcast, cable and streaming rights for the entire Wizarding World franchise. The deal doesn’t expire until 2025.

Read the full report from The Hollywood Reporter.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC.

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