Amazon is going all-out for its original series, but that money has to come from somewhere. The company confirms its Prime membership costs will rise 20% next month, and it may just have to do with all those expensive new TV offerings like Lord of the Rings.
We knew Amazon would pay a pretty penny to develop its own Lord of the Rings TV series, but they might as well raid Smaug’s lair. New estimates put the TV iteration of Middle Earth at $500 million (to start!), and all before Amazon has even assigned talent to the project.
Well, we knew Amazon was looking for its own Game of Thrones; we just didn’t think they’d aim this high. A full-scale Lord of the Rings TV series is in development at Warner Bros., with Amazon leading the pack in an understandably competitive bid.
Another major shift has taken place in the ongoing harassment awareness around Harvey Weinstein. Amazon Studio boss Roy Price has officially resigned his position, after being placed on leave for allegations by Man in the High Castle executive producer Isa Dick Hackett.