Amazon CEO Jeff Bezos showed his geeky love for the series and the news in a tweet Monday. Well, if you can't beat them (with sneaky Petes), join them (with dragons).
The Lord of the Rings TV series is officially moving forward at Amazon as a prequel that will span a number of seasons.
Amazon Studios is teaming up with Tolkien's family estate, HarperCollins and New Line Cinema, a division of Warner Bros.
As a way to bring in the same momentum of beloved shows such as HBO's Game of Thrones, Amazon has just purchased the T.V. rights to Lord of the Rings, for their plans of turning the movie into a television series.
But there is no indication of whether it will also take place before The Hobbit.
Amazon said the series will explore new storylines that precede author JRR Tolkien's 'The Fellowship of the Ring,' the first installment in the famed fantasy trilogy.
Blizzard Confirms Overwatch Will Get 4K Enhancements for the Xbox One X
It added that it's very important for the team to ensure that the user interface looks natural on a truly big screen. Blizzard did update Diablo III: Reaper of Souls - Ultimate Evil Edition on Xbox One X with full 4K support, though.
So when rumors circulated that Amazon was developing a Lord of the Rings series, it seemed like an ill-advised idea for anyone who loved the Lord of the Rings trilogy and hated The Hobbit.
According to Deadline, the electronic commerce company closed the deal worth $250 million with a multi-season commitment.
By the sounds of that, this new series will be based on characters originally created by Tolkien as part of his massive history of Middle Earth. It's studio head, Roy Price, resigned last month amid sexual harassment allegations. The films grossed almost $6 billion worldwide and won a combined 17 Academy Awards, including Best Picture for "King".
Peter Jackson made three blockbuster films based on the Rings novels, with the third, 2003's The Lord of the Rings: The Return of the King, winning 11 Oscars, including the one for Best Picture.
A "Lord of the Rings" TV series is moving forward at Amazon with the streaming service giving the series a multi-season production commitment, Amazon announced Monday.
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