Amazon's megadeal for The Lord of the Rings is believed to be for five seasons — plus a potential spinoff — with insiders putting the price tag for global rights at around $250 million. Once production budgets, casting, writers, producers and visual effects are factored in, the total for the Rings series — which will be set in Middle-earth and explore storylines preceding The Fellowship of the Ring — could hit $1 billion. Yes, $1 billion for a TV show. - Lesley Goldberg, The Hollywood Reporter [via/web:http://streaming-tv.us]
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