Is that why Time Warner gave up $40 million?

There's been a lot of speculation recently on Turbine's next project after they're received multiple large investments. The most recent came from Time Warner in the form of an equity investment, which technically means that Time Warner owns a small chunk of Turbine. Time Warner also owns the video game rights to the Harry Potter Universe. Turbine specializes in making MMOs based on pre-existing worlds.

I think you see where this is going.

But with only two more films left to release and no more books from J.K. Rowling on the horizon, what are they to do to keep their cash cow from going out to pasture? It looks like they are backing up the Brink's truck to the front door of the MMORPG developer who has a track record for publishing games based on other people's literary works. It doesn't take a rocket surgeon to figure out where this is going especially since Warner Bros. confirmed to a popular Potter fan site they are considering a Potter MMO.

For more information on this wonderful rumor, check here.