The Hollywood Reporter released a surprising, not surprising article today detailing the prospective cost of Amazon's upcoming Lord of the Rings television series. THR projects the bill to be around $1 billion which would make it the most expensive TV show of all time.
THR estimates that, after taking into consideration the cost of casting, producers, visual effects, and everything else on the production side, Amazon could approach that $1 billion figure. The corporation has already purchased the TV rights to the J.R.R. Tolkien property for $250 million, beating out Netflix in the process.
Part of the deal Amazon Studios struck last November with the Tolkien estate, publisher HarperCollins, and New Line Cinema includes a five-season commitment to bring The Lord of the Rings to the small screen. However, Amazon must be in production within two years so the clock is ticking.
New Line distributed Peter Jackson's acclaimed Lord of the Rings movie trilogy in the early 2000s, but they never had the TV rights. Their inclusion in the deal allows Amazon to "use material from the films," according to THR. What that means is anyone's guess, but it could open the door for actors like Elijah Wood, who played Frodo Baggins in the movies, to appear in the TV series too.
Head over to THR for more details.