As we reported last week, Amazon was on the hunt for a mega-franchise, and it appears they’ve got one – and paid a handsome price for it.
Reports are in that Amazon has purchased the TV rights to The Lord Of The Rings – or at least some portion of stories from Middle-earth – for what may be close to $250 million just for the rights, and they’ve made a multi-season commitment already. It is expected a worth production could cost $100-150 million per season. The deal also includes a potential spin-off series.
The twist to the story is that it will not simply be a remake of the movies, but instead cover some period before the time of The Lord Of The Rings. It is not certain if this means it will be set in the time between The Hobbit and The Lord Of The Rings, or delve further back into the expansive mythology laid out by J.R.R. Tolkien.