March 12, 2008 at 11:31pm

The Los Angeles Times reports that the seventh and final book in J.K. Rowling’s blockbuster Harry Potter series will be made into two movies by Warner Bros.

Harry Potter and the Deathly Hallows: Part I will be released in November 2010 and Part II in May 2011.

“I think it’s the only way you can do it without cutting out a huge portion of the book,” the Times quotes Daniel Radcliffe, who plays Harry in the movies.

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The five Harry Potter movies released so far (Muckety Map above) have generated $4.5 billion worldwide at the box office, the Times reports. The sixth film, Harry Potter and the Half-Blood Prince, is due this November.

When it was released last year, 11 million copies of the Dealthy Hallows book sold in the U.S. and Britain in the first 24 hours. Based on standard author royalty rates, Muckety estimates that Rowling earned roughly $50 million that day, or about $2 million an hour.

For a Muckety Map of the relationships between the characters in Harry Potter’s alternate universe, click here.

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