Harry Potter by Scholastic – the American publisher of the books – as "Harry Potter and the Sorcerer's Stone", after Rowling had received US$105,000 for the American rights – a record amount for a children's book by an unknown author. Fearing that American readers would not associate the word "philosopher" with magic (although the Philosopher's Stone is an ancient tradition in alchemy), Scholastic insisted that the book be given the title "Harry Potter and the Sorcerer's Stone" for the American market. The second book, "Harry Potter and the Chamber of Secrets", was originally published in the UK on 2 July 1998 and
Harry Potter (film series) the Wizarding and Muggle worlds. The rights for the first four novels in the series were sold to Warner Bros. for £1,000,000 by J.K. Rowling. After the release of the fourth book in July 2000, the first film, "Harry Potter and the Philosopher's Stone", was released on 16 November 2001. In its opening weekend, the film grossed $90 million in the United States alone, which set a record opening worldwide. The succeeding three motion picture adaptations followed suit in financial success, while garnering positive reviews from fans and critics. The fifth film, "Harry Potter and the Order of the Phoenix",