Amazon head of scripted series Sharon Tal Yguado said the conglomerate was honoured to be working with the Tolkien Estate on the collaboration.
For a few weeks now, talk has been doing the rounds online about a potential LOTR series, with the Tolkien estate said to be shopping around studios. Few plot details are available, but the series will be set before the events in The Fellowship of the Ring, the first volume in Tolkien's series.
Twitter user @cersei_got wrote: "I'll be mad if they ruin the Lord of the Rings".
And @astudyinpinkk said: "Fandom: don't do this. please stop amazon". "I don't see it being anywhere in between".
Now, the next adaptation will live on Amazon with a multiple-season commitment, so this is all really exciting for Amazon and fans of the characters and stories that exist in J.R.R. Tolkien's universe.
Given the rather extensive attention direction Peter Jackson gave to The Lord of the Rings, not to mention The Hobbit, it's not unreasonable to ask why Amazon would want to walk down this path in the first place.
All three films got an Oscar nomination for best picture with the last film, The Return of the King, winning the gong.
The Lord of the Rings trilogy was filmed in a number of locations in New Zealand including Tongariro National Park which was the main setting for the land of Mordor and Hobbiton in Matamata.
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