Harry Potter" has become HBO's most expensive series. One episode costs about $25 million, based on financial statements from Plum Jam Productions, which is associated with the film's production. For comparison, the last season of Game of Thrones was estimated at about 15 million dollars per episode, and the production of House of the Dragon was estimated at about 15-20 million dollars. The first season will be released on December 25. are you waiting / NHS poster at MAX.