Amazon, Netflix, and HBO were bidding for the rights to make a Lord of the Rings TV series and Amazon has come out on top. Amazon confirmed that they acquired the TV rights for the popular book series and are already committing to a multi-season series for Prime Video.
The new Lord of the Rings TV show will “explore new storylines preceding J.R.R. Tolkien’s The Fellowship of the Ring.” That’s likely a smart move because it frees the show’s creators to explore new storylines without needing to live up to the award-winning movies too much. The deal also includes “a potential additional spin-off series.”
Deadline estimates that Amazon paid $200–$250 million for the show’s rights and expects Amazon to spend $100-$150 million a season to create the new series. I don’t keep close tabs on these things, but I expect this to easily be Amazon’s most expensive show yet. Earlier this year, Amazon was said to be shifting its original series production to focus on prestige-worthy shows with global appeal. They’re certainly done that with this new series.