Amazon’s ‘Lord of the Rings’ series will cost at least US$465 million for first season

Amazon’s “Lord of the Rings” television show is shaping up to be a costly endeavour for the tech company.

New Zealand’s minister for economic development and tourism revealed that the fantasy drama will be one of the most costly television series ever made, with its season one price tag coming in at around US$465 million.

The production figure is massive and likely the largest sum any studio has spent to produce a single season of television. For comparison, HBO’s “Game of Thrones” cost around $100 million per season. Season one episodes cost around $6 million each and eventually rose to around $15 million by season eight.

Amazon shelled out around $250 million for the rights to the Tolkien property in 2017.

The “Lord of the Rings” series is currently in production and expected to debut in late 2021.

[Source: CNBC]