Warner Bros. is making a bold move by rebooting the beloved Harry Potter series as a TV show for Max subscribers, and it’s clear the company is not holding back. With an all-new cast to bring the Wizarding World to life, the project is expected to cost an astounding amount per episode, potentially setting a new record for TV production budgets.

How Much Will the Harry Potter TV Series Cost?

According to a new report from UK outlet Express, the budget for each episode of the Harry Potter TV series could reach a staggering £75 million (approximately $99 million USD). With a total of seven seasons planned, each containing eight episodes, the overall cost could be even more mind-blowing. These figures eclipse most other TV series budgets, even those of other high-profile productions like The Lord of the Rings: The Rings of Power and Game of Thrones.

While this number may seem astronomical, the economic impact of the series cannot be ignored. The Harry Potter reboot is expected to contribute £3.15 billion to the UK economy, with job creation and significant investment in the local production industry. The massive scale of the show means it’s not just a series; it’s an economic powerhouse.

The Harry Potter TV Series vs. Other Big Budget Shows

The cost per episode of the new Harry Potter series is set to exceed even the most expensive shows in recent history. For comparison, The Lord of the Rings: The Rings of Power—which currently holds the record for the most expensive TV series—has a reported budget of $58 million per episode. In comparison, Game of Thrones had an average cost of over $15 million per episode in its later seasons.

If the projections for the Harry Potter series hold true, it will far outpace these shows in terms of budget. This level of investment reflects Warner Bros.’ faith in the power of the Harry Potter franchise, which has already proven to be one of the most profitable intellectual properties of all time.

Will the High Costs Pay Off for Warner Bros.?

Despite the massive budget, Warner Bros. seems confident that the Harry Potter series will generate revenue and remain a cultural phenomenon. With a passionate fanbase and the Wizarding World theme park attractions continuing to draw large crowds, the franchise’s popularity is undeniable.

However, the stakes are high. The series will need to faithfully adapt the iconic books while also offering a fresh experience to keep fans engaged. With a dedicated global fanbase, the success of the show seems almost guaranteed, though only time will tell if the investment will be truly worth it.

The Future of the Harry Potter Franchise

The Harry Potter TV series is expected to hit Max in late 2026 or early 2027. In the meantime, fans can continue to revisit the Harry Potter films on Max, keeping the excitement alive as they await the arrival of the new series.

Warner Bros. is betting big on the magical world of Hogwarts, and with numbers like these, it’s clear they believe the investment will pay off. Whether or not the series lives up to the high expectations, one thing is certain—the magic of Harry Potter is here to stay.