Amazon Officially Announces ‘Lord Of The Rings’ Series

It’s no secret Amazon wants its own Game of Thrones-like series. The company’s wish just came true.

The rumored The Lord of the Rings series is officially happening. It acquired the global TV rights to the fantasy novels by J.R.R. Tolkien, with a multi-season commitment. The deal also allows the potential for additional spin-off series.

“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 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.”

No word on how much the deal cost but experts expect it was around the $200 million dollar range. Keep in mind that’s just for the rights. The actual budget for the fantasy series per season would likely come in the $100-$150 million range.

“The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen,” Amazon scripted chief Sharon Tal Yguado said in a statement. “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.”

Peter Jackson’s Lord of The Rings trilogy grossed more than $2.9 billion worldwide. The last installment won 11 Oscars including Best Director and Best Picture. Excited Middle Earth is coming to Amazon? Weigh in below.