It seems there might be a Harry Potter Online after all, as development studio Bio-Hazard Entertainment has a "limited license" to begin producing the MMO set in the Wizarding world of JK Rowling, to allow Warner Bros. the chance to evaluate it and decide if full development is worthwhile.
Check out the video below for questions to be answered, straight from the devs themselves:
Bio-Hazard Entertainment is a company recently started by experienced entertainment industry people. Bio-Hazard entertainment is a company that brought together employees who have been working in the fields for many years, and decided to venture out and create a new company resolved around entertainment. With the experience and connections made in recent years of employment, the first project Bio-Hazard decided to take on was 'Harry Potter Online".
Before heading into production the new started company was required to obtain the license that would allow them to create the production for release. With the project story in hand, the idea was presented to the director of licensing who had faith in the project. Seeing that it could be a really great business plan, a license was given that would allow the company to begin production on the MMO up until Beta. Once beta was hit it would then be decided if the production would be a good investment or not. Warner Brothers has not fully put forth into the project due to the outcome of Pottermore, but with our designing experience and your feedback we can truly blow them away, showing them it would be an amazing investment.
The company immediately got started in recruiting a team that would make this project the best it can be and more. Once positions were filled it was time to get started and not waste any time at all. To this day the team is devoting hours on end to the production and doing the best they can to have it ready for beta. The game will be completed all the way up to beta and from that point on is when the moment of truth will take place!
With the support and devotion of Harry Potter fans and MMO players it gives us the motivation and drive to make this production beyond anything you would ever expect. This MMO is allowing YOU to design the MMO, what you want to see and what you expect to see. Your ideas, comments and feedback really improves the experience you will have in the MMO, providing the team with details and ideas that can make this production even better.
We thank you for the support and dedication to the project and we hope you join us on the great journey to complete one of the greatest MMOs!