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ABC Acquires TV Rights for First Two 'Potter' Films
Friday, November 30, 2001 12:36 PM EST
In a joint announcement Thursday with Warner Bros., ABC said it has secured the TV rights to the hit movie "Harry Potter and the Sorcerer's Stone and that Warner's has acquired rights to its sequel, Harry Potter and the Chamber of Secrets.
The sequel is expected to arrive in theatres next November.
The cost of acquiring the movie and TV rights was not disclosed.
"Harry Potter is already considered a timeless family classic that audiences all over the world have embraced in record numbers," said Eric Frankel, president of Warner Bros. Domestic Cable Distribution. "We think that ABC, with its multifamily platforms, is a terrific vehicle to showcase this film."
ABC said it has a 10-year licence to show each film and plans to air them first on its broadcast network. They will then go to cable, including the Disney Channel.
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