Amazon Studios to Produce 'The Lord of the Rings' Television Series in Multiple Seasons.

November 14, 2017
 amazon, the lord of the rings, tv shows, moviecreedlive, tv show news, tolkein, streaming news
Amazon is without any doubt one of the fastest growing companies in history. Its large-scale growth has seen the rise of its creator Jeff Bezos to being now the wealthiest person in the world.
In celebration of this, Bezos has decided to open up Amazon studios or its own cinema creating a studio and the retail giant has now decided to release its own 'The Lord of the Rings' television series and more. It has been revealed that Amazon has just closed a massive deal - that is said to be worth $250M to acquire global TV rights to the famed series based on the fantasy novel of J.R.R. Tolkien. 
Not only this but its been revealed that the new Amazon streaming service has given a least a multi-season commitment to a LOTR series in the pact, which also includes a few potential spinoff series. The series will be produced by Amazon Studios in cooperation with Tolkien Estate and Trust along with HarperCollins and New Line Cinema, which the later is a division of Warner Bros Entertainment. Amazon, Netflix, and HBO had been approached by the Tolkien estate, who were the ones who actually approached the idea around to others and Amazon experiencing a huge financial jump was in the right position at the right time. Amazon will be paying $250m for the rights and this is just for the rights to before any costs for development, talent and production, in proposition whose finances industry observers called “insane.” It is a payment that is made sight unseen as there is no concept, and there are no creative auspices attached to the possible series. On top of that, the budget for a fantasy series of that magnitude is likely to be $100 million-$150 million a season.
“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 is set to to explore new storylines preceding Tolkien’s The Fellowship of the Ring.
“We are delighted that Amazon, with its longstanding commitment to literature, is the home of the first-ever multi-season television series for The Lord of the Rings,” said Matt Galsor, a representative for the Tolkien Estate and Trust and HarperCollins. “Sharon and the team at Amazon Studios have exceptional ideas to bring to the screen previously unexplored stories based on J.R.R. Tolkien’s original writings.”
The Lord of the Rings is again one of thee best fictional series of all time and it has an extremely strong following and even many stories to follow. The films had already followed the Third Age in its respective universe. The films have also shown that the series can prove to be extremely profitable when Amazon brings to its streaming platform. 
What do you think? What time to you wish Amazon to cover? Let MovieCreedLive know by dropping a comment. 
TV Show News/Streaming News
By. Michael Irons








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