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Legendary Buys Film Rights to Fanfic-Rooted 'Alchemised' in Reported $3 Million-Plus Deal

The preemptive purchase signals studios’ pursuit of proven online fandoms reshaped into original IP.

Overview

  • Legendary made an outright, preemptive acquisition of the movie rights, with sources telling The Hollywood Reporter the price exceeded $3 million and may be a record for a debut author’s book rights, not accounting for inflation.
  • The project is in early development with no filmmakers or cast announced, and the studio has not disclosed deal terms publicly.
  • Del Rey is set to publish Alchemised on September 23 with a first printing of 750,000 copies and translations in 21 languages.
  • The dark romantasy began as a Draco/Hermione fanfiction and was revised to remove Harry Potter elements, centering on Helena Marino in a world of alchemists and necromancers.
  • Author SenLinYu, who uses they/them pronouns, welcomed the deal in a statement, and their prior fanwork Manacled drew more than 10 million AO3 views and over 100,000 five-star Goodreads ratings.