Fantastic Beasts’ Box-Office Bust Puts Franchise in Jeopardy

They won’t be uncorking the butterbeer at Warner Bros. come Monday. Fantastic Beasts: The Secrets of Dumbledore opened to a disappointing $43 million domestically this weekend, continuing the downward trend in this sequel series to the Harry Potter franchise. Deadline has gone so far as to suggest that, with Warner Bros. now under new management as Warner Bros. Discovery, the previously announced five-film series may end at three. “Who would greenlight a $200M net production on a franchise that wasn’t working?” the industry outlet asks. If incoming studio boss David Zaslav has ever read about the sunk-cost fallacy, we may… Read Full Article