‘Fantastic Beasts 3’: Can Warner Bros. Recapture ‘Harry Potter’ Magic?

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‘Fantastic Beasts 3’: Can Warner Bros. Recapture ‘Harry Potter’ Magic?
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FantasticBeasts3 is expected to put more of a spotlight on Jude Law’s young Albus Dumbledore and set more action at Hogwarts

Warner Bros., the studio behind the “Harry Potter” spinoff series, planned a sprawling five-film franchise for a prequel series set in the Wizarding World made famous by author J.K. Rowling. “and Where to Find Them” was a hit in 2016, grossing over $800 million at the worldwide box office. It was a reassuring sign to executives that even after the “Harry Potter” series wrapped its eighth and final film in 2011, the studio could mine more riches from the beloved universe.

“I don’t think you can discount a movie that made $650 million, but there’s an issue any time a sequel drops that far from the original,” said Jeff Bock, a box office analyst with Exhibitor Relations. “We’ve seen what happens when a studio tries to put out a third movie in a franchise after the second didn’t do anything for audiences.”

“If you look at what worked with ‘Crimes of Grindelwald, it was when they went back to Hogwarts. There were audible gasps from the audience,” Bock said. “People loved seeing Jude Law as Dumbledore. Hopefully J.K. and the writers realize just because the movie is set in Brazil doesn’t mean we can’t spend half the time at Hogwarts. There are things they could do to save the movie.”

“Adding Steve Kloves is the first good step they’ve made since ‘The Crimes of Grindelwald. I suspect bringing him in will bring in more mythology from ‘Harry Potter’ into ‘Fantastic Beasts’ — that’s why you’d hire someone like that,” Bock said. “He has a lot of knowledge and is trusted by J.K. Rowling to bridge that gap. They need to lead this into a new direction.”

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