Warner Bros. Discovery To Revive Harry Potter Film Series

David Zaslav said during an investor's call Thursday that the company is going to focus more on the franchise and he is keen to exploit the possibility of reviving the "Harry Potter" franchise if something can be worked out with author J.K. Rowling along with "Superman" movie which is already in development with Henry Cavill returning to play this iconic DC role.

"We haven't had a Superman movie in 13 years. We haven't done a Harry Potter in 15 years. The DC movies and the Harry Potter movies provided a lot of the profits for Warner Bros. ... over the past 25 years", Zaslav said according to The Hollywood Reporter.

He went on to note Warner Bros. still has the theatrical rights to "Lord of the Rings", and went back around to the idea of more Harry Potter, noting he'd like to see more. "If we can do something with J.K. on Harry Potter going forward", he added.

Warner Bros. has released 8 Harry Potter films from 2001-2011 and those movies grossed over $7.7 billion at the global box office, making it one of the highest-grossing film franchises. The studio partnered with Rowling on the "Fantastic Beasts" franchise and has released three films so far out of its planned 5-films in the franchise.

There is a lot of work yet to be done to revive the "Harry Potter" series but this is surely great news for the fans who have been loyal to the franchise. It is the Harry Potter franchise that made Daniel Radcliffe, and Emma Watson popular stars along with Rupert Grint.

Stay tuned...