HBO Max is losing the Harry Potter movies to a major streaming rival

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HBO Max is losing the Harry Potter movies to a major streaming rival
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Does this spell trouble for HBO Max?

HBO Max will lose all eight of the Harry Potter movies at the end of August.

From August 31, the original octet will leave the streaming service, marking the second time in three years that the adventures of the boy wizard have left the platform. , which began streaming all eight films at the start of July. The Fantastic Beasts movies, however, will remain on HBO Max, as will the cast reunion that aired at the start of 2022.

While the Harry Potter series and its larger universe were made by Warner Bros. – the parent company of HBO Max – the origins of this deal date back to 2016, when NBCUniversal struck an exclusive agreement with Warner Bros. Domestic TV Distribution for US broadcast and cable rights to the whole Wizarding World franchise, which runs until 2025. The deal was reported to be worth a colossal $250 million.

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