'Lord of the Rings' TV adaptation gets multi-season Amazon deal

New Line Cinema

The show, which already carries a multi-season commitment, will "explore new storylines preceding J.R.R. Tolkien's The Fellowship of the Ring". The series will take place between The Hobbit and Lord of the Rings. Not only is this new Lord of the Rings series expected to run for multiple seasons, but the order also comes with the possibility of a spin-off series to be developed in the future.

Amazon CEO Jeff Bezos demanded Game of Thrones, and his studio delivered.

The Tolkien Estate had also approached Netflix and HBO, according to Hollywood entertainment website Deadline, which reported the deal came with an eye-watering upfront rights payment of around $200 million.

When Peter Jackson directed the first Lord Of The Rings trilogy, released between 2001 and 2003, the combined cost of the three movies was $281 million. It's not hard to see why studio executives would be pursuing a show like this, considering the movies collectively made almost $3 billion (£2.28 billion) at the Box Office and were nominated for a whopping 30 Academy Awards - of which they won 17.

All of that said, the potential is sky high for Amazon and their TV series.

That is before the company have spent a single penny on any development, talent, production, or any advertising.

Amazon announced Monday it has acquired the the global TV rights to J.R.R. Tolkien's mega-hit book series, Lord of the Rings.

"'The Lord of the Rings" is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen", said Sharon Tal Yguado, head of scripted series for Amazon Studios.

Produced by Amazon Studios in collaboration with the Tolkien estate, HarperCollins and New Line Cinema, the multi-season TV series will air exclusively on Amazon's streaming service Amazon Prime Video worldwide. Whether it's good, or worthy of the source material, we won't know for a long time yet.

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