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Why didn t Disney buy Harry Potter?

Although Disney would try to correct this mistake by trying to buy the movie rights, theme park privileges and even Scholastic themselves, efforts by the company ultimately failed, citing creative clashes with Harry Potter's controversial creator J.K. Rowling, along with the deals made with Warner Bros. Pictures.



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Disney was in the bidding war for the first Harry Potter movie, but it went completely against their ethos of full control (Disney likes being able to throw the characters into their park at will, but the contract JK Rowling had made that impossible…. so it was only the movie that was being bid on).

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Heyman's enthusiasm led to Rowling's 1999 sale of the film rights for the first four Harry Potter books to Warner Bros. for a reported £1 million (US$2,000,000).

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J.K. ROWLING'S WIZARDING WORLD is a trademark of J.K. Rowling and Warner Bros. Entertainment Inc. Materials from the Harry Potter series of films and from the film Fantastic Beasts And Where To Find Them are courtesy of Warner Bros. Entertainment.

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In October 2012, Disney acquired George Lucas' company, Lucasfilm Ltd., for $4.05 billion, which was just slightly more than the cost of Marvel Entertainment. The Lucasfilm acquisition gave Disney ownership of Star Wars and Indiana Jones, and any other entertainment assets and IP owned by Lucasfilm.

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Will Disney buy Universal? No, not in it's current form. However, one could come up with a scenario where Disney would be able to buy Universal Studions Florida (not the entire company, just that particular property.) Or, of course, there is the possibility that Disney could buy back the Marvel rights.

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British author Joanne Rowling, also known as J.K. Rowling, is the richest author in the world with a net worth of $1 billion. Rowling is the author of the hit children's fantasy series “Harry Potter.” The seven-volume series sold over 600 million copies and has been translated into 84 languages.

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Now J. K. Rowling is richer than the Queen, according to the Sunday Times Rich List. The creator of Harry Potter, who wrote her first children's book in an Edinburgh cafe while her baby daughter slept beside her, is now worth £280 million - a figure which puts her 11 places higher than the monarch.

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