Amazon’s original series will explore storylines preceding Tolkien’s ‘The Fellowship of the Ring’ as part of an estimated $250 million deal.
Today, Amazon announced that it has acquired the global television rights to The Lord of the Rings to create an original, multi-season series that will debut exclusively on Amazon Prime Video. Working with the Tolkien Estate and Trust, HarperCollins and New Line Cinema, a division of Warner Bros. Entertainment, Amazon Studios will produce a series that will explore storylines that precede Tolkien’s The Fellowship of the Ring, taking fans on a new journey through Middle Earth.
According to Deadline, the Tolkien estate had approached Amazon, Netflix and HBO about the project with an upfront fee of $200-$250 million, with sources claiming that Amazon secured the deal with an agreement close to the $250 million mark. That $250 million is only for the rights. Amazon will still need to pony up to pay for production, which could likely cost between $100-$150 million per season.
From:: No Film School