In its quest to launch a hit fantasy series of the Game of Thrones caliber, Amazon has closed a massive deal — said to be close to $250 million — to acquire global TV rights to The Lord of the Rings, based on the fantasy novels by J.R.R. Tolkien. The streaming service has given a multi-season commitment to a LOTR series in the pact, which also includes a potential spinoff series.
No details about the deal were disclosed, but it believed to be dwarfing any TV series pact to date with a whopping price tag attached.
“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 at Amazon Studios. “We are honored to be working with the Tolkien Estate and Trust, HarperCollins and New Line on this exciting collaboration for television and are thrilled to be taking The Lord of the Rings fans on a new epic journey in Middle Earth.”
Set in Middle Earth, the television adaptation will explore new storylines preceding Tolkien’s The Fellowship of the Ring. I hear that there are some creative restrictions imposed by the rights holders on what can be done and what can’t be done in a LOTRTV series.