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Amazon's 'Lord of the Rings' Series Could Become TV's Most Expensive Show Ever

New reports suggest that the upcoming television series that will serve as a prequel to The Lord of the Rings could become the most expensive TV show ever made!

Amazon paid $250 million just for the rights to make a show based on the J.R.R. Tolkien franchise and the company reportedly plans on spending an additional $250 million for the production and marketing costs for the first two seasons, according to Reuters.

This price tag will be three times what Amazon paid for two seasons of its other hit series, The Man in the High Castle.

HBO’s Game of Thrones is one of the most expensive shows on television currently and it costs $15 million an episode to produce, before marketing costs.

WILL YOU WATCH the upcoming series based on The Lord of the Rings?

Ian McKellen Wants to Return as Gandalf in 'Lord of the Rings' TV Series!

A friendly face might be returning to the Lord of the Rings TV series!

Sir Ian McKellen – who played Gandalf in the movies – revealed that he can’t see anyone else playing his role in the upcoming series coming to Amazon.

The 78-year-old actor stopped by Graham Norton’s BBC Radio 2 show on Saturday morning (December 16) where he was asked how he would feel if someone else played Gandalf.

“What do you mean, another Gandalf?” Ian said. “I haven’t said yes because I haven’t been asked. But are you suggesting that someone else is going to play it? Gandalf is over 7000 years old, so I’m not too old.”

Back in November, it was announced that a Lord of the Rings series was officially in the works on Amazon – and that it was already confirmed for a multi-season order!

'Lord of the Rings' TV Series in the Works at Amazon!

A new television series based on The Lord of the Rings franchise is in the works at Amazon and it already has a multi-season order!

The story of the series will take place before the events in The Fellowship of the Ring, the first novel in the book series written by J.R.R. Tolkien.

“We are delighted that Amazon, with its longstanding commitment to literature, is the home of the first-ever multi-season television series for The Lord of the Rings,” said Matt Galsor, a representative for the Tolkien Estate and Trust and HarperCollins (via EW). “Sharon and the team at Amazon Studios have exceptional ideas to bring to the screen previously unexplored stories based on J.R.R. Tolkien‘s original writings.”

Spin-off series are a possibility as well!

Lord of the Rings Television Series in the Works!

Lord of the Rings may be headed to your television screens!

According to Variety, Warner Bros. Television and the estate of J.R.R. Tolkein are in talks with Amazon Studios to develop a television series based on the beloved novels.

The series would take on the classic fantasy novels and their world of hobbits, wizards, and warriors.

Things are in the very early stages of negotiations and no deal has been set yet.

Amazon CEO Jeff Bezos is said to be personally involved in the negotiations.

Orlando Bloom Reunites with 'Lord of the Rings' Co-stars at Final 'Hobbit' Premiere!

Orlando Bloom gets sandwiched in by his pals Billy Boyd and Elijah Wood while attending the premiere of The Hobbit: The Battle of the Five Armies on Tuesday (December 9) at the Dolby Theater in Los Angeles.

The 37-year-old actor starred alongside the guys in the Lord of the Rings trilogy, but they do not appear in this film.

Elijah did make a brief appearance as his character Frodo in the first film of the Hobbit trilogy, An Unexpected Journey. Andy Serkis, who also was just in the first film as Gollum, stopped by the premiere as well.

Director Peter Jackson was of course on the red carpet to present his film to the audience.

FYI: Orlando is wearing a Dior Homme suit and shirt.

25+ pictures inside of Orlando Bloom and others at the premiere… More Here! »

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