Amazon to launch a new Lord of the Rings series

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Amazon Studios will be working with the Tolkien Estate and Trust to resurrect the franchise that Peter Jackson magnificently brought to life in the early 00's in the form of a movie trilogy that set the standard for Hollywood blockbusters.

Even as Game of Thrones begins to film its eighth and final seasons, other television networks are desperate to find their own epic fantasy series.

"The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen", Amazon scripted series chief Sharon Tal Yguado said in a statement. The deal includes a potential additional spin-off series, Amazon said Monday.

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The Lord of the Rings series will be a co-production between Amazon Studios, New Line Cinema, HarperCollins, and the Tolkien Estate and Trust.

The Lord of the Rings canon was named Amazon customers' favourite book of the millennium in 1999.

It's been 14 years now since Peter Jackson's big screen version of the story concluded with 2003's Best Picture victor, The Return of the King.

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The original hobbits: Dominic Monaghan as Merry; Elijah Wood as Frodo; Billy Boyd as Pippin; and Sean Astin as Sam in 2001's 'Lord of the Rings: The Fellowship of the Ring'.

This is an unbelievably massive project for Amazon. That's $250 MILLION...just to secure the rights.

The new series will reportedly focus on brand new storylines that will likely precede the events portrayed on The Fellowship of the Ring.

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