Amazon want’s their own version of Game of Thrones and they are sparing no expense.
Amazon is reportly setting the budget for their Lord of The Rings TV series at $1 billion dollars. To put that in context Netflix is spending a billion for all of their new original content in 2018.
THR saysAmazon will likely spend a whopping total of $1 billion to bring J.R.R. Tolkien‘s series to life for its streaming platform. Amazon also signed a five-season commitment to the fantasy series and is obligated to go into production within two years or they’ll lose the rights to the franchise—and their $250 million.
With this price-point, it’s likely Lord of the Rings will join the ranks as one of the most expensive TV series ever. Amazon Studios’ original series like Sneaky Pete, Transparent, and The Man in High Castle, run 10 episodes per season. If the same goes for LOTR, that works out to about $20 million per episode, making it $5 million more than Game of Thrones‘ final season cost at $15 million per episode and a tie for Steven Spielberg ‘s HBO miniseries The Pacific.