The Lord of the Rings series will cost above USD 1 billion

The battle between show streamers like Netflix and Amazon is bidding up the price for popular programs. One of the most important is The Lord of The Rings, J.R.R. Tolkien story that had its rights for 5 series for the small screen bought by Amazon for $250 million.

The deal was announced on November 13 2017, when Amazon beat Netflix in bidding for the show, and now we have the estimated cost for the series, which is above $1 billion and makes it the most expensive show ever. According to the pact, Amazon must be in production within two years.

The Tolkien book rights are a long story, starting with the selling by the author to United Artists in 1969 the rights for The Hobbit and The Lord of the Rings. The rights went to MGM, producer Saul Zaentz and Miramax before New Line released the adaptations made by Peter Jackson, six movies that made $5.85 billion worldwide.

New Line and the parent company Warner Bros never had the tv rights for the books, but since Amazon may use some material from the films, they were involved in negotiations. It is remained to see if Peter Jackson will be involved in the series; so far only his attorney had recently some talks with Amazon. Considering that the series must start production pretty soon, using Peter Jackson is not a bad idea at all.

The Lord of the Rings series is supposed to be the next Game of Thrones for the small screen. The fans are waiting for either film or series on Silmarillion, the Tolkien book that precedes Lord of the Rings, but so far their expectations are not met.

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