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Amazon Studios to Create Lord of the Rings TV Series

15 November 2017

That's not to say that Amazon is going to take that sort of comparison lying down and in an attempt to up their stock they have announced the production of a brand new The Lord of The Rings series for their streaming service.

The series, based on J.R.R. Tolkien's fantasy novels, will serve as a sequel to Fellowship of the Ring, the first chapter in the famous trilogy in which Frodo Baggins and his diverse group of eight companions set out on a journey to destroy the all-powerful ring and save Middle-Earth from the Dark Lord Sauron.

Now, Amazon is looking for a dramatic show that could be a hit globally, much like HBO's popular fantasy series "Game of Thrones".

The move also comes four months after the Tolkien estate and Warner Bros - the parent company of New Line Cinema - settled an US$80-million lawsuit.

Lord of the Rings is huge, yet people we left feeling a little bit cheated after Peter Jackson's subpar Hobbit trilogy.

Speaking about the project, Head of Scripted Series at Amazon Studios, Sharon Tal Yguado, said: "The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen".

The Lord of the Rings TV series was also confirmed by Matt Galsor, a representative for the Tolkien estate and trust.

Deadline reported that Amazon shed around $250 million United States dollars to win the rights to the famous Tolkien series. All production costs - including development, actors, and the editing - will be separate, and are expected to come in around $100-150 million (about Rs. 653-979.8 crores) per season.

Given the speculated franchise value of the Lord of the Rings TV series, there's no doubt Bezos is getting more and more aggressive about producing high-quality content to increase Amazon Prime's viewership.

Amazon Studios to Create Lord of the Rings TV Series