Let’s be honest, it was bound to happen sooner rather than later. Four months after JRR Tolkien‘s estate settled a lawsuit with Warner Bros. Studios regarding the profits from Peter Jackson’s Lord of the Rings film trilogy, Amazon Studios has announced a multi-season LOTR television series is in the works exclusively for the company’s streaming service. The series will reportedly cover stories from Tolkien’s early writings, focusing on material pre-dating the events in the book and film trilogies.
Amazon acquired the rights to the series for a whopping $200 million, but the series is expected to cost a further $150 million in production costs per season. Given the popularity of the content, however, expenses don’t seem to be a cause for concern. A rep for Amazon was quoted in a statement as saying, “The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen. We are honored to be working with the Tolkien Estate and Trust, HarperCollins and New Line on this exciting collaboration for television and are thrilled to be taking The Lord of the Rings fans on a new epic journey in Middle Earth.” Continue reading