Source: Jim Hill MediaDisney officials very quietly began talks with J.K. Rowling, the acclaimed author of the "Harry Potter" series. And after months of negotiations, Rowling finally signed a letter of intent. Which then awarded the Walt Disney Company the right to begin preliminary development of a theme park-related project featuring the Harry Potter characters.
Now please note that we're only talking about just a letter of intent here. Which -- according to investorsworld.com -- is:
A letter from one company to another acknowledging a willingness and ability to do business ... A letter of intent is not a contract and cannot be enforced, it is just a document stating serious intent to carry out certain business activities.
And given Ms. Rowling's reputation for being one tough negotiator (Case in point: When Warner Bros. was getting ready to produce the very first "Harry Potter" film, the studio insisted that at least one actor in the cast be a "name." To be specific, Warners wanted Robin Williams for the role of Hagrid. But J.K. absolutely refused to allow the studio to cast this Academy-award winning comedian as Hogwart's big-hearted gamekeeper. And given that one of the terms of the sale of "Harry Potter and the Sorcerer's Stone" movie rights was that the author had final approval over the film's cast ... Well, that's how Robbie Coltrane wound up filling Hagrid's over-sized boots) ... Just because Disney now has a letter of intent with J.K. Rowling doesn't mean that you should plan on queuing up for "Harry Potter: The Ride" anytime soon.
Mind you, Disney's still hoping that negotiations can be completed in time for the company to be able to formally announce its arrangement with Rowling between July 7, 2007 (I.E. When the seventh & final Harry Potter book will be released to stores) and July 13, 2007 (When the movie version of "Harry Potter and the Order of the Phoenix" is released to theaters). When the world is expected to be in the grips of unprecedented Harry Potter mania.
Still, given how protective J.K. can be about her characters ... Disney knows better than to count on their "Harry Potter" letter of intent being turned into a really-for-real full-blown contract. Which is why senior company officials decided to put together a contingency plan. One that would still allow the Mouse to be in business with a modern master of fantasy should Rowling actually decide to pull the plug on Disney's theme park deal.
Two words: oi vey.
I love Harry Potter books. Thanks to Brina, my eldest baby, I got hooked on them ages ago. This seems like a match made in (everything but fanatical Christian) heaven - million plus selling book franchise/movie franchise (even if it is WB) meets theme park. But I see some caveats. First of all - where would an HP attraction fit in? Fantasyland? Would Sleeping Beauty's Castle be rethemed as Hogwarts? Will we have Buckbeak flying round the ramparts and the dragons from the Tri-Wizard Tournament peeking out from the moat? Is Sirius Black lurking in a corridor? What about all the house ghosts or Peeves the poltergeist? Do the little Jedi robes get re-themed as Wizard Robes? Do you stick with the early Potter books with (somewhat) happy endings or do you go with the more mature Potter, the angst, death and emerging raging hormones? I don't quite see Potter fitting anywhere into DCA. Maybe one of the steam trains is rechristened the Hogwarts Express??? I really don't know about this...
Any other Potterhead CM's have any thoughts? :harrypott