Amazon confirmed that it has acquired the rights to the famous book and movie series Lord of the Rings. The movie series was based on fantasy novels by J.R.R. Tolkien. Now the movie will be adapted and new storylines will be added, as per Amazon.
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Sharon Tal Yguado, Head of the scripted series at Amazon Studios said, “‘The Lord of the Rings’ is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen.”
As per Hollywood entertainment website Deadline, The Tolkien Estate also approached Netflix and HBO. The deal now finalized with upfront rights payment amounting to $200 million. Add the production budget in it that will be almost $100 to $150 million per season, Amazon is investing quite a huge amount of money on Lord of the Rings. The chairman of Amazon Jeff Bezos wants his creative teams to come up with some great fantasy series that can compete with Game of Thrones.
“The Lord of the Rings” was called Amazon customers’ favorite book of the millennium in 1999 and in BBC’s The Big Read survey in 2003 it was named Britain’s best-loved novel of all time.
The movie has such big names like Elijah Wood, Viggo Mortensen, Ian McKellen, Liv Tyler and Orlando Bloom, Peter Jackson’s that it earned almost $3 billion globally. Also, the movie won 17 Oscars.
Then ‘The Hobbit’ was produced just a couple of years back which again made an almost same score at the box office. Now Amazon reproducing it as a series has made people excited. Amazon has confirmed that the series will be available via the Prime Video app or online in almost 200 countries but when? The release date is not announced yet.
Matt Galsor, a representative for the Tolkien Estate and Trust and HarperCollins said, “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. 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.”