SpoilerTV - TV Spoilers

The Lord of the Rings - Series Adaptation Receives Multi-Season Production Commitment at Amazon *Updated*



Deal Believed to Be for 5 Seasons; Could Cost Up to $1 Billion

Amazon's megadeal for The Lord of the Rings is believed to be for five seasons — plus a potential spinoff — with insiders putting the price tag for global rights at around $250 million. Once production budgets, casting, writers, producers and visual effects are factored in, the total for the Rings series — which will be set in Middle-earth and explore storylines preceding The Fellowship of the Ring — could hit $1 billion. Yes, $1 billion for a TV show.

"This is a unique opportunity to tell new stories in a magical world that is a global phenomenon," Amazon head of scripted Sharon Tal Yguado tells THR in justifying the deal. "As we build our diverse portfolio of programming, we are making some of our big bets on tentpole series."



Series Moving Forward at Amazon With Multi-Season Production Commitment

Amazon to Adapt J.R.R. Tolkien’s Globally Renowned Fantasy Novels, The Lord of the Rings, for Television with a Multi Season Production Commitment

Television adaptation, exploring new storylines preceding J.R.R. Tolkien’s The Fellowship of the Ring, slated to debut exclusively on Prime Video

SEATTLE--(BUSINESS WIRE)--Nov. 13, 2017-- (NASDAQ: AMZN)—Amazon today announced it has acquired the global television rights to The Lord of the Rings, based on the celebrated fantasy novels by J.R.R. Tolkien, with a multi-season commitment. The upcoming Amazon Prime Original will be produced by Amazon Studios in cooperation with the Tolkien Estate and Trust, HarperCollins and New Line Cinema, a division of Warner Bros. Entertainment.

“The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen,” said Sharon Tal Yguado, Head of Scripted Series, Amazon Studios. “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.”

“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 Matt Galsor, 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.”

Set in Middle Earth, the television adaptation will explore new storylines preceding J.R.R. Tolkien’s The Fellowship of the Ring. The deal includes a potential additional spin-off series.
Source:



Huge Rights Payment Attached to Lord of the Rings Series

UPDATED: In a deal that is expected to dwarf any TV series to date, I hear the J.R.R. Tolkien estate has been shopping a possible series based on the late author’s The Lord of the Rings novels with a whopping price tag attached.

I hear Amazon, Netflix and HBO had been approached about the project, which comes with an upfront rights payment said to be in the $200 – $250 million range. That is just for the rights, before any costs for development, talent and production. It is a payment that has to be made sight unseen as there is no concept, and there are no creative auspices attached to the possible series. (I hear the pitch at HBO involved producer Jane Tranter whose company is partially owned by HBO and Sky but the general package has no talent attached.) On top of that, the budget for a fantasy series of that magnitude is likely to be $100-$150 a season.

I hear that Amazon and Netflix are still in the running while HBO, home of blockbuster fantasy series Game Of Thrones, passed awhile back because of the the finances of the deal that many industry observes call “insane.” Additionally, industry sources note that there are already three great Lord Of the Rings movies and a total of six movies in the world made, along with the Hobbit films. Plus, I hear that the rights for a TV series in the Lord of the Rights do not encompass all characters and are limited.



In Early Development at Amazon

Warner Bros. Television and the estate of J.R.R. Tolkein are in talks with Amazon Studios to develop a series based on the late author’s “The Lord of the Rings” novels. Amazon CEO Jeff Bezos is said by sources with knowledge of the situation to be personally involved in the negotiations, which are still in very early stages. No deal has been set.

The studio and the Tolkein estate have been shopping a series based on the classic fantasy novels and their assortment of hobbits, wizards, and warriors, sparking a competitive situation from which Amazon has emerged as the frontrunner. Representatives for Amazon and Warner Bros. declined to comment.

It is uncommon for Bezos — known to be a fan of high fantasy and science fiction — to involve himself personally in dealmaking for Amazon Studios. But talks for “The Lord of the Rings” come at an uncommon moment for the e-commerce giant’s video-entertainment division. Last month Amazon Studios flushed its executive ranks, with president Roy Price, head of scripted Joe Lewis, and head of unscripted Conrad Riggs all departing. Price’s departure came just days after he was suspended on the heels of a sexual harassment allegation made against him by a producer on the company’s original series “The Man in the High Castle.” Lewis and Riggs’ departures followed a week later.





 
About The SpoilerTV Daily Newsreel

Every day 100's of items are submitted to us and we don't always have the time to make separate posts for the news and/or there is so much that it would quickly push all other items off the homepage.

So a result we've come up with the idea of the Newsreel, which will feature smaller shows and news items as they happen.

There will be a new Newsreel each day, and as news is added we will update the post and and push it back to the top of the site so that you can see that new items have been added. A tweet of the item will also be sent to our @SpoilerTV account.

New Items will be listed at the top of the article.

This will allow us to provide more news on more shows in a much more timely fashion
About Movie News Roundup

Rather that creating lots of new posts as new info is released and fragmenting the commentary, we thought it would be a good idea for the upcoming major movies to create a single post for each major movies that will collate all the info as it's posted.

New items will be added to the top of the list as well as the post being re-posted back to the top of the homepage when a new item is added. We will additionally send out a fresh tweet alerting you of the new information.

This will allow you to bookmark this page so that you can return to it whenever you like. It will also help consolidate all the discussion on this movie in a central place and make it less likely that you'll miss some key information.
SITE CONFIGURATION

Here at SpoilerTV we allow you to personalize your experience by allowing you to customize various items on the site. Close the popup to save your changes

Background Colour Picker
Enter the HEX Code of the colour you would like to use as a background. To get a HEX code goto the colour picker and pick your color then paste in the # number including the # at the front. eg #000000 is black #ffffff is white

Thumbnail Type
Rounded Sharp Circle
Square None Grid3 Grid2 Card
Theme Color
Light (Default)
Dark
Unread Indicator
Unread Off (Default)
Unread On

Full or Minimal
Full (Default)
Minimal
Banner Selector
All you need to do is to put a link to your banner in the box below and press the Click Button. (For best results your image should be 1090px wide and 200px high.). We have more banners in our Banner Gallery here.

Enter the URL of your Image or pick from one below