Harry Potter And The Chamber Of Ancillary Rights

Continued airings of Yes, Dear to the contrary, TV networks are in the business of attracting viewers. But will they pay anything for the privilege? Warner Bros. is about to find out. The studio (a division of AOL Time Warner, parent company of TIME) has begun shopping the TV rights to the eagerly awaited film Harry Potter and the Sorcerer's Stone. Asking price, according to network sources: a whopping $70 million. "It's obscene," said an executive for one network, which told the studio no thanks. A Warner representative denied any figure had been set, saying, "The meetings we have had were...

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