In an attempt to produce a TV series of the GoT caliber, Amazon has signed a massive deal with J.R.R Tolkien estate and trust to adopt the Lord of the Rings novels into a TV series.
The close to $250 million deal is only for the acquisition of global TV rights. There is still a massive production budget, which could be an estimate of up to $150 million per season.
The TV series, based on J.R.R Tolkien’s fantasy novels, will be produced by the Amazon studios in collaboration with the J.R.R Tolkien estate and trust, the LOTR publishers HarperCollins and New Line Cinema, a Warner Bros. production division that did the legendary Lord of the Rings movie.
Amazon announced the acquisition of the book rights with a multi-season commitment. However, the series is a prequel to the Lord of the Rings film, not the book storyline that audience already have in mind.
Sharon Tal Yguado, the Amazon studios head of the scripted series said in a statement that The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen,”
Sharon further expressed Amazon’s honor of working with the Tolkien estate and trust and other stakeholders to bring the exciting epic TV series to reality. “We are thrilled to take the LOTR fans on a new epic journey in the mid-earth,” she said.
As the company announced the news, they also clarified that the new TV series would travel a different path beyond J.R.R Tolkien’s fellowship of the Rings film. As part of the deal, the LOTR show includes potential spinoff TV shows.
That means the deal not only allows Amazon to make a prequel to the legendary tale of Frodo Baggins but also gives the company a leeway to create their own characters and explore the universe.
That leeway gives Amazon the chance to include sex scenes, nudity and violence and drama to the J.R.R Tolkien’s world. It is such scenes that are believed to have contributed to the success of Game of Thrones and other TV series and soap operas.
We do not have a full report on exactly how much Amazon paid for the deal, but we have the information that J.R.R Tolkien estate and trust approached Netflix, HBO and Amazon earlier with the right alone priced between $200 and $250 million.
That said, we can comfortably say that Amazon paid close to that amount.