Lord of the Rings Franchise Gets TV Spinoff

CREDIT New Line Cinema

CREDIT New Line Cinema

However, fans anxious that the TV show will attempt to retell the story need not be concerned; the series will instead "explore new storylines preceding J.R.R. Tolkien's The Fellowship of the Ring", and will therefore be set before the events from the Oscar-winning trilogy. The deal reportedly includes a potential spin-off series as well.

Amazon though clearly has big ambitions for the show. Television and the estate of author J.R.R. Tolkien for the rights to adapt The Lord of the Rings into a TV series. "We are honoured 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".

The Lord of the Rings trilogy has 17 Oscars in total, 11 of which come from the third and final film, The Return of the King, which is tied with Titanic and Ben-Hur for most Academy Awards ever for a single film. The Amazon series will delve into some of Tolkien's work that the movies did not explore. Its studio started in 2010 with a focus on unique shows beloved by critics, such as "Transparent", about a father coming out as transgender to his family. Though it attracted great reviews it did not result in a hike in Amazon Prime subscribers, at least not in all of its target audiences around the world. The streamer is looking for a "Game of Thrones"-esque genre programming with broad worldwide appeal".

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

Amazon said the series would be available via the Prime Video app or online in more than 200 countries and territories, but it did not announce a release date. "That's a departure from shows like "Transparent" and "Catastrophe".

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