"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.
According to The Hollywood Reporter, the multi-season Lord of the Rings series will be produced in-house at Amazon Studios alongside the Tolkien Estate and Trust, publisher HarperCollins and Warner Bros. Amazon is partnering with New Line Cinema, which of course was the film company behind the much-loved trilogy that began in 2001, and the Tolkien Estate, as well as HarperCollins for some reason.
Reaction on social media was mixed. "Don't mess with my nerd side".
"Amazon is committed to producing super high quality, recognized, branded entertainment", said Wedbush Securities industry analyst Michael Pachter.
As Variety exclusively reported, a series adaptation of J.R.R. Tolkien's world-renowned fantasy novels has been in development at Amazon after being shopped by the Tolkien estate and Warner Bros.
It's possible the new series will mine the ponderous but rich Silmarillion for material, as fan fiction writers and lore aficionados have done for decades. "I don't see it being anywhere in between".
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. The final film, The Return of the King, eventually won 11 Oscars, sweeping all categories for which it was nominated; the first two con win six Oscars combined as well.
He followed up with a prequel trilogy based on Tolkien's The Hobbit, which made nearly the same at the box office.