So uh…how does such a factor occur? How can WarnerMedia let one in all its premier franchises go?
The simple reply is that entertaiworldtoptrendnt media wasn’t at all times conscious of the significance of digital media offers and streaming services and as such reduce some unusual offers within the time earlier than HBO Max, Peacock, and the like. In 2016, NBCUniversal reached an settlement with WarnerMedia for TV and digital rights to all Harry Potter movies. That’s why Harry Potter marathons are ubiquitous on Syfy and it’s why Peacock is ready to be the unique streaming residence of Hogwarts for the close to future.
HBO Max was in a position to safe rights to the Harry Potter films for shortly after its launch, nevertheless. They’re now set to depart the streaming service on August 25. The 2 Harry Potter prequel films Fantastic Beasts and Where to Find Them and Fantastic Beasts: The Crimes of Grindelwald stay on Warner’s streaming service.
The eight Harry Potter films are based mostly on the e-book series by J.Ok. Rowling and collectively they’re among the many most profitable movie franchises of all time. Sorcerer’s Stone, Chamber of Secrets, Prisoner of Azkaban, Goblet of Fire, Order of the Phoenix, Half-Blood Prince, and Deathly Hallows Pt. 1 and Pt. 2 sit behind solely Marvel and Star Wars by way of field workplace success with a worldwide gross of $7.7 billion.
Peacock’s acquisition of the Harry Potter films is a component of a bigger technique through which the streamer bolsters its choices with non-NBCUniversal content material. Beforehand NBCUniversal mother or father firm Comcast cut a deal with ViacomCBS to incorporate quite a few movies and TV shows on Peacock whereas ViacomCBS figures out its personal streaming future. Which means that many classics reminiscent of The Godfather trilogy, Catch Me If You Can, The Talented Mr. Ripley, American Beauty, Fatal Attraction, The Firm, and extra might be accessible on the platform in “availability” home windows much like the Harry Potter series.