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Tuesday, 5 July 2011 - After Potter, Warner Bros eyes magic from DC Comics |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Who wants to live forever? Scientist sees aging cured 2:39pm EDT Thai women cheer first female prime minister 03 Jul 2011 Singing Chavez makes surprise return to Venezuela | 3:53pm EDT Huge rare earth deposits found in Pacific: Japan experts 2:58am EDT Casey Anthony murder case goes to jury in Florida 1:35pm EDT Discussed 206 Minnesota government shutdown begins after talks fail 101 White House snubs McConnell invitation to Obama 101 Obama: ending tax breaks required to cut deficit Watched Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Chris Brown's comeback; Lady Gaga served Tue, Jun 28 2011 After "Potter," Warner Bros eyes magic from DC Comics Tweet Share this Email Print Factbox Factbox: The Harry Potter phenomenon Thu, Jun 30 2011 Related News Harry Potter to cast final spell with eighth, last film Thu, Jun 30 2011 Disney prepping movie based on Matterhorn ride Wed, Jun 29 2011 "Transformers" debut ticket sales top $13 million Wed, Jun 29 2011 The 10 biggest movie flops of 2011 (so far) Wed, Jun 29 2011 Analysis & Opinion Is Airbnb growing too fast? Delhi Belly: You need to have the stomach for it Related Topics Entertainment » Fashion » Film » Daniel Radcliffe and Ralph Fiennes in a scene from ''Harry Potter and the Deathly Hallows - Part 2''. Credit: Reuters/Warner Bros. Pictures By Alex Dobuzinskis LOS ANGELES | Mon Jul 4, 2011 2:26pm EDT LOS ANGELES (Reuters) - If only they could wave a magic wand, studio executives at Warner Bros. would make their "Harry Potter" film franchise last forever. But movie magic takes more than a whisk of a stick to conjure up. When "Harry Potter and the Deathly Hallows Part 2" opens on July 15, it marks the beginning of the end for the highest grossing movie series of all time -- $6 billion worldwide box office -- and one that has given Hollywood studio Warner Bros. a stable revenue source since 2001. The end of "Harry Potter" has led financial analysts to wonder what Warner Bros., a unit of Time Warner Inc., has planned to fill the gap when the series about the young magician, his friends, and their battle against evil comes to an end. With this eighth movie, Warner Bros. has tapped all the books in the "Harry Potter" series from author J.K. Rowling, which are the backbone of the films. "Overall, you're not going to capture all the mojo created from 'Harry Potter,' but you've got some real potential there with reboots of existing franchises and sequels of already existing properties," said David Miller, an analyst with Caris & Company. For summer 2012, Warner Bros can bank on "The Dark Knight Rises," the third Batman movie directed by Christopher Nolan and the follow-up to his 2008 "The Dark Knight," which topped $1 billion in world ticket sales. Also next year, the studio looks to release its highly anticipated "The Hobbit: An Unexpected Journey," which is a prequel to its successful "The Lord of the Rings" trilogy. Last year, the studio's then president and chief operating officer Alan Horn said at an industry event in Las Vegas that as "Harry Potter" fades away, the company would rely more on its rich source of characters and material in its DC Comics unit. DC SUPERHEROES TO THE RESCUE? But Hollywood observers point to missed opportunities with some previous movie adaptations using DC Comics superheroes, especially compared to the nearly flawless record of rival Marvel Entertainment, which this summer has seen its "Thor" 3-D movie earn about $440 million at worldwide box offices. "The jury is still out on whether they've found the right combination from their DC franchise to replace 'Harry Potter,'" said James Dix, an analyst with Wedbush Securities. One case in point is the low-wattage result for "Green Lantern," a movie based on a DC character that has earned just over $103 million in the United States and Canada since opening on June 17. Given that some industry watchers pegged the production cost of "Green Lantern" at about $200 million -- a figure Warner Bros has disputed -- the movie is widely viewed as a box office disappointment. Meanwhile, Warner Bros is busy on the next Superman movie, "Man of Steel," set for release in 2012. The studio hopes to reverse the mediocre performance of 2006's "Superman Returns." Jeff Bock, an analyst with Exhibitor Relations Co, noted that the studio assigned Nolan, the Batman director with the golden touch, a producing role on the new Superman flick. And Warner Bros is said to have plans for other DC characters, including a long anticipated Wonder Woman movie. "That cast of DC characters is probably going to be their crown jewel for the foreseeable future," Bock said. (Reporting by Alex Dobuzinskis: Editing by Bob Tourtellotte) Entertainment Fashion Film Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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