The first movie in 'Fantastic Beasts and Where to Find Them' series will be written by Rowling herself and set in New York City 70 years before Potter's story.

J.K. Rowling teams with Warner Bros. for new film franchise set in 'Harry Potter' universe

Warner Bros. is betting there’s still plenty of magic left in J.K. Rowling.

The studio announced a massive new partnership with the the British author to produce a new film franchise set on the world created in the Potter books — with the story kicking off in the most magical of places, New York City.