Lord of the Rings: Amazon in Talks for TV Series, Rights Cost $250 Million, Reports Say

Share on Facebook Tweet Snapchat Share Reddit Comment
Lord of the Rings: Amazon in Talks for TV Series, Rights Cost $250 Million, Reports Say

Photo Credit: Warner Bros.

Highlights
  • Bezos 'personally involved' in talks
  • Tolkien estate approached Amazon, Netflix and HBO
  • Rights cost about $250 million, per sources

Amazon Studios is currently in early talks with the estate of J.R.R. Tolkien and Warner Bros. Television to develop a TV show based on the former's massively popular high fantasy series, The Lord of the Rings. According to multiple reports, Amazon CEO Jeff Bezos is "personally involved" in the talks, which isn't regular practice for him.

Bezos has been pushing his entertainment division for big genre programming, akin to HBO's Game of Thrones. A series for LOTR would fit right in with that mandate, though a deal is far from official at this stage, as per THR's sources.

The Tolkien estate had approached Amazon, Netflix, and HBO with a whopping upfront price tag of $200 - $250 million (Rs. 1,294.5 - Rs.1,618 crores), which HBO has already passed on. That's just for the rights, with the development and production expected to cost a hundred million per season itself.

No writer has been sought or hired yet, so the deal would be just for the characters. Moreover, Deadline reports that the rights do not include all characters, and would be limited given there already exist a trilogy of films based on the same novel.

The interesting thing here is that Warner Bros. settled an $80 million lawsuit with the Tolkien estate just four months ago, which had been going on since 2012. The dispute had stemmed from the use of LOTR characters in video games and online slot machines, says Variety, with the whole thing turning into a battle over profits. Though the settlement terms weren't disclosed, a filing revealed no costs were awarded.

Amazon Studios has been undergoing a tumultuous period of its own, lately. Its president Roy Price quit last month after sexual harassment allegations surfaced, while on the set of The Man in the High Castle. Following that, head of scripted and unscripted programming Joe Lewis and Conrad Riggs departed a week later.

This all came after Amazon had cancelled two expensive shows in the summer – Z: The Beginning of Everything, and The Last Tycoon – to shift resources to the event series unit, led by Sharon Tal Yguado, which focuses on sci-fi, action, fantasy, and horror series.

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Akhil Arora Akhil Arora covers entertainment for Gadgets 360, interviewing stars such as Christian Bale and Anurag Kashyap, covering series premieres, product and service launches across the globe, and looking at American blockbusters and Indian dramas from a global socio-political and feminist perspective. As a Rotten Tomatoes-certified film critic, Akhil has reviewed over 150 movies and TV shows in over half a decade at Gadgets 360. When he is not completely caught up with new film and TV releases, Akhil ...More
Hotstar Android TV App Launched, Available in India, the US, and Canada
Nokia 5 Gets a New 3GB RAM Variant in India, Priced at Rs. 13,499

Related Stories

 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2020. All rights reserved.
Listen to the latest songs, only on JioSaavn.com