Amazon has announced that they have acquired the global television rights to The Lord of the Rings which are based on the fantasy novels by J.R.R. Tolkien.

The show will be produced by Amazon Studios along with the Tolkien Estate and Trust, HarperCollins and New Line Cinema. The deal is a multi-season commitment with a potential additional spin-off 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,” said Sharon Tal Yguado, Head of Scripted Series, Amazon Studios. “We are honored to be working with the Tolkien Estate and Trust, HarperCollins and New Line on this exciting collaboration for television and are thrilled to be taking The Lord of the Rings fans on a new epic journey in Middle Earth.”

The new series will explore storylines that take place before J.R.R. Tolkien’s The Fellowship of the Ring.

“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. “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.”

The show will be an Amazon Prime Original available for Prime Members using the Prime Video.

According to an earlier report by Deadline, it was rumored that the Tolkien estate had approached Netflix, HBO, Amazon about the project and that it’s said to have an upfront rights payment of $200-250 million.  Amazon hasn’t revealed how much they paid for the rights.

No release date has been announced for the upcoming show.

Source: Amazon

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