The story I want to use for my Newsy project is a fun one, rather than breaking news: “Amazon Begs Big on ‘Lord of the Rings’ Series for Prime.” The article explains how despite the massive fanbase that could support such a venture, the $250 million spent on production rights alone is a risk for the company. They’ve made a multi-season commitment for a series set before Fellowship, and each season could have a budget of $150 million, if they want to do it justice, according to Rolling Stone. Amazon is used to taking financial risks that eventually do pay off, reportedly spending $4.5 billion on Prime Video. I want to do this article because once I finally got into the LOtR trilogy, I fell in love with the books and mythos, so to see an attempt to revitalize the story with a TV series that doesn’t have the restraints of cable television was really interesting to me. I think if Amazon can pull it off, they’ll more than earn back their $250 million expenditure.
Published by chloeabarnes
I am a broke college student. There, I said it. But I hate labels like that, no matter how true they may be. I'm also a writer, a pessimist, an opinionated debater. A fangirl, a poet, a journalist, an artist, an atheist. I'm an American, a Floridian, a Centennial. I am not a fighter, I am not driven by emotion, I am not a sheep. But you know what? I'm a person, an inhabitant of this world just trying to get through it and leave a mark behind that won't just be walked over or forgotten, misinterpreted or misunderstood. I write to be heard, not to make money. I'm a pessimist because I'd rather have low expectations 99% of the time, and be pleasantly surprised, than have high expectations 99% of the time, and be relentlessly mislead. I am not behind the curve nor at the curve nor ahead of the curve. I am my own curve, and with it I do as I please. View all posts by chloeabarnes