So tumblr always jokes about how ABC Family loves Harry Potter.
But do you guys know just how much they love Harry Potter?
Because it’s actually really amazing.
If you’re like me, and have an unusual fascination with who owns what in Hollywood, then you would know that the channel ABC Family is owned by The Walt Disney Company and that Harry Potter is owned by Warner Bros. (Time Warner Cable).
Two completely different studios.
So, in order for Disney to air Harry Potter, they had to buy the rights to do so.
And this is where it gets good.
According to several sources (which I cannot link to because I’m on the app) back in 2001, Disney was willing to pay $70,000,000 to air Harry Potter and the Sorcerer’s Stone.
That’s 70 million dollars.
SEVENTY MILLION DOLLARS.
For the FIRST MOVIE!
There are eight movies in all!
You do the math!
They say that you can’t put a price on love but damn…