HBO Harry Potter films are going to a big streaming competitor instead of Max

HBO At the end of August, Max will lose all eight Harry Potter films.

In less than three years, the adventures of Harry Potter and the Boy Wizard will be absent from Netflix once again, as of August 31.

All eight films have been made available for streaming on Peacock, which started doing so at the beginning of July for US residents. However, the Fantastic Beasts films and the cast reunion from the beginning of 2022 will stay on HBO Max.

For a short time in May 2020, HBO Max had exclusive rights to the whole Harry Potter series, but it only lasted a few months as Peacock acquired the rights later that year. Once again, in September 2021, HBO Max obtained the movies, but only for a year, and they’re again returning to Peacock.

However, this relationship dates back to 2016, when NBCUniversal inked an exclusive agreement with Warner Bros. Domestic TV Distribution for US broadcast and cable rights for the whole Wizarding World property, which continues through 2025. Despite this, Warner Bros. is the parent company of HBO Max. The sale was valued at 250 million, according to reports.

The timing of this decision couldn’t be better for the organisation. This year’s newest Fantastic Beasts: The Secrets of Dumbledore made 405 million worldwide, making it the Wizarding World franchise’s lowest earning picture. Warner Bros. officials have remained tight-lipped regarding the future of the series, despite plans for two further films based on it.

The Harry Potter series has come to an end, hasn’t it?

In spite of Warner Bros. executives’ apparent disinterest in Fantastic Beasts, the studio’s dedication to the Wizarding World endures.

According to Deadline, Warner Bros. Discovery CEO David Zaslav met with Harry Potter author J.K. Rowling over the weekend, despite the company’s recent cost-cutting measures, including the cancellation of The Time Traveler’s Wife and Gentleman Jack. A Harry Potter TV spin-off was discussed at that discussion, according to reports.

Potter TV shows have surfaced in the last several years, but there have been no specifics on what type of storyline may be portrayed. It is impossible for Warner Bros. to accomplish anything without Harry Potter author JK Rowling’s approval.

Perhaps it would be more convenient to adapt an existing successful play, rather to start from scratch with a fresh Harry Potter storyline, to adapt Rowling and Jack Thorne’s extremely popular stage play, Harry Potter and the Cursed Child. Rowling and Zaslav may have concocted something else entirely. Whatever transpires, we have little doubt that the Wizarding World will continue to provide us with plenty of entertainment.