Amazon’s Lord of the Rings will cost $ 465 million (and more than half is for copyright)


Amazon's Lord of the Rings will cost $ 465 million (and more than half is for copyright)

The Lord of the Rings from Amazon will be the greatest television series ever. It is something that has been repeated a lot about the production of the new Amazon series, which is still shrouded in a halo of mystery. And they are also the verbatim words of the New Zealand Minister of Economic Development and Tourism, Stuart Nash (via THR).

According to The Hollywood Reporter, the series’ first season (from eight chapters) it will cost $ 465 million. This would make it the most expensive series ever for a single season.

More than half (250 million) of that budget would correspond to copyright

Yes indeed, THR does not specify if this includes the IP rights costs of The Lord of the Rings and Tolkien’s literary work in Middle-earth, which amounted to 250 million. By not specifying it, we understand that they are included (Naturally, it is a figure that is part of the budget of the series).

That amount, absolutely exorbitant for the television rights of some books, was agreed with the Tolkien Estate organization (which manages the heritage of Tolkien’s work), the HarperCollins publishing house and New Line Cinema in 2017 (and Netflix was in the bid, although ended up falling to Bezos’s company).

Map of the Second Age according to Amazon

That would leave the costs of production and marketing in a more feasible (but equally exorbitant) 200 million dollars, similar to what each season of Marvel series on Disney + like Scarlet Witch and Vision or Falcon and the Winter Soldier have cost.

The first seasons of each series usually have higher initial costs (casting, construction of sets …) that are softened in the following seasons … except in the case of Game of Thrones. THR indicates that the average budget for each season of Game of Thrones It was from 100 million per season. The episodes of the HBO series cost 6 million in the first season, to increase by three in season 8, costing 15 million per episode (and being fewer episodes per season).

Controversy in New Zealand over Amazon’s production subsidies

The figure, by the way, has raised controversy in New Zealand, as Amazon has benefited from a tax incentive of $ 114 million. Some members of the government of the country criticize that so much public money to subsidize a company like Amazon for a film production, a very considerable percentage of the budget (especially seeing the gross figure), with no limit to the amount that the government can subsidize. However, some mention that the advantages will exceed that expense, in local consumption of the production team of hundreds of people and the potential tourism when the serious is seen.

JA Bayona has directed the first two episodes of the season (it will have eight episodes), and cast and synopsis revealed, set in the Second Age, thousands of years before the events of The Hobbit and The Lord of the Rings.

The Lord of the Rings series will premiere 20 years after The Fellowship of the Ring, the first part of the trilogy directed by Peter Jackson, which will return to theaters this April remastered in 4K.

Fountain: THR


Like it? Share with your friends!

0 Comments

Your email address will not be published. Required fields are marked *