Amazon will produce a multi-season 'Lord of the Rings' TV series

The original ring from Lord of the Rings films

Amazon will produce a multi-season 'Lord of the Rings' TV series

Matt Galsor, a rep from the Tolkien estate, also added that the series would bring to life a number of "previously unexplored stories based on J.R.R. Tolkien's original writings". Amazon should be mindful of LOTR's vehemently devoted fanbase, and the fact that Middle Earth has already been extensively explored on screen in these first three films and the Hobbit trilogy.

Amazon - owned by Jeff Bezos, reportedly a huge Tolkien fan - was considered the frontrunner when the series was first revealed, and reportedly locked down the rights for an estimated $200 million; that figure doesn't factor in an expected production budget of $150 million per season.

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Amazon head of scripted series Sharon Tal Yguado said the conglomerate was honoured to be working with the Tolkien Estate on the collaboration.

A Wong Kar-wai period piece called Tong Wars, about the history of Chinese immigration, a Fred Armisen and Maya Rudolph comedy, a comic book series from Seth Rogen, and two unnamed comedy pilots make up the slate of upcoming programming at Amazon Studios. The deal reportedly includes a potential for spinoff shows.

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Given that Peter Jackson's Lord of the Rings trilogy won a combined 17 Oscars and, when you throw in the three Hobbit movies, grossed almost $6 billion worldwide, you would think that the entertainment industry might be inclined to leave it way-more-than-well-enough alone.

The television series will take place before the 2001 feature film "The Fellowship of the Ring", which kicked off the trilogy directed by Peter Jackson. The news comes a little over a week after it was reported that Warner Bros./New Line had been in talks with the retail giant and streaming outlet for a TV adaptation based on J.R.R. Tolkien's beloved novels. "ORCRP0000017183-topic.html" class="local_link" >Warner Bros. division New Line Cinema. Of course it will all be available exclusively to Prime members. Amazon did not immediately respond to a request for comment on the price.

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