The company behind ‚Star Wars‘ and Marvel spent a ’substantial seven figures‘ to acquire what may be the next ‚Harry Potter.‘
What do you do in an era where your biggest name brands aren’t quite cutting it? Get new name brands, of course! That’s what Disney just did, acquiring the rights to the book series Impossible Creatures by Katherine Rundell. The company reportedly spent a “substantial seven figures” for the rights to the franchise and set Rundell to write screenplays for the first two movies in a planned five-film series.
Deadline reports Disney beat out both Warner Bros. and Netflix for the rights, which the company sees as something that has not just sequel potential but also chances for spinoffs, merchandise, and maybe even theme park rides.
“When I read Impossible Creatures, I knew it belonged here at Disney,” Disney CEO Bob Iger said in a Disney press release. “I was immediately drawn into the vibrant world Katherine imagined and the possibilities of what we could do together with this story. Written by Katherine herself, these movies are in the best of hands with our Walt Disney Studios team, and I can’t wait to see this tale brought to the screen.
