Lord Of The Rings to be made into TV series

Lord Of The Rings to be made into TV series

The former head of Amazon's studio, Roy Price, who resigned amid sexual harassment allegations last month, said in September that the company was seeking a big hit along the lines of "Game of Thrones", according to Fortune.

Amazon announced Monday that it has acquired global television rights to J.R.R. Tolkien's beloved fantasy novels, committing to a multi-season run of at least one show with potential additional spinoffs. "[We] are thrilled to be taking "The Lord of the Rings' fans on a new epic journey in Middle Earth".

Interestingly enough, Warner Bros. was famously sued by the Tolkien estate after the family and publisher HarperCollins went after the studio due to the use characters from the movies in online slot machines and other games.

Twitter user @cersei_got wrote: "I'll be mad if they ruin the Lord of the Rings".

"Amazon is committed to producing super high quality, recognized, branded entertainment", said Wedbush Securities industry analyst Michael Pachter.

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Plans for the new series were announced by Amazon Studios on Monday with United States entertainment trade website Deadline quoted as saying it understands that the deal is "dwarfing any TV series pact to date with a whopping price tag attached".

It should be well noted here that Amazon spent nearly $250 million on rights to the series and nothing more. "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 franchise includes The Fellowship of the Ring (2001), The Two Towers (2002) and The Return of the King (2003), as well as 2013 prequel The Hobbit.

Three movies made of the trilogy in the early 2000s, filmed in New Zealand by director Peter Jackson, garnered almost $3 billion at the box office and 17 Academy Awards.

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