As expected, Harry Potter author JK Rowling is taking The Tales of Beedle the Bard into mass production. The collection of fairy tales, which was referenced in Deathly Hollows, was initially part of a handwritten set, one of which Rowling auctioned off last December for a record amount of $4 million dollars.
That money went straight to The Children’s High Level Group charity — which was co-founded by Rowling and Baroness Emma Nicholson, a member of Britain’s House of Lords. The organization works to help children suffering in institutions. Now it appears that they are set to benefit again, with Rolwing having already signed over all royalties for the new book. Because, honestly, as the richest celebrity earner last year (she took in $300 million), cash in no longer a worry. Said Rowling,
“There was understandable disappointment among Harry Potter fans when only one copy of The Tales of Beedle the Bard was offered to the public last December. I am therefore delighted to announce that, thanks to the generous support of Bloomsbury, Scholastic and Amazon (who bought the handwritten copy at auction) – and with the blessing of the wonderful people who own the other six original books – The Tales of Beedle the Bard will now be widely available to all Harry Potter fans. Royalties will be donated to the Children’s High Level Group, to benefit institutionalised children in desperate need of a voice. The new edition will include the Tales themselves, translated from the original runes by Hermione Granger, and with illustrations by me, but also notes by Professor Albus Dumbledore, which appear by generous permission of the Hogwarts Headmasters’ Archive.””
The book is expected to be released December 4th. Amazon is even planning a special-edition leather-bound (BOO!) version for $100.00. The charity expects to make about $8 million — but I think they’re being VERY conservative in their estimates.