Why HBO says it passed on The Lord of the Rings TV series, which landed in the lap of Amazon Studios instead.
“I’d rather own our IP [intellectual property] 100%… and I’d rather have the ability to work with a product that is inextricably linked to our brand.” ~ HBO CEO Richard Plepler
Variety has some inside intel from HBO on why they passed on the chance to follow up Game of Thrones with a Middle-earth TV Series.
In a recent interview with HBO CEO Richard Plepler, Variety got the inside scoop about why the Game of Thrones network passed on a possible Lord of the Rings series. It’s hard to know if this is simply sour grapes or if it’s sound advice based on HBO’s business model.
Here is an excerpt from the article.
HBO wasn’t interested in bidding for the TV adaptation of J.R.R. Tolkien’s “The Lord of the Rings” epic, according to CEO Richard Plepler, because it already has a big-budget fantasy franchise — “Game of Thrones.”
Plepler, speaking at Business Insider’s Ignition 2017 media conference Wednesday in New York, noted that HBO has five separate “Game of Thrones” prequels in the works and that the company was not coveting another massive cut on the fantasy genre.
“I’d rather own our IP [intellectual property] 100%… and I’d rather have the ability to work with a product that is inextricably linked to our brand,” the HBO boss said
Amazon earlier this month officially announced a multi-season production deal for the “Lord of the Rings” television series. Plepler, asked about the nearly $250 million price tag reported for the project, quipped, “If I’m Jeff Bezos, that’s Monopoly money.
Plepler also noted that Warner Bros., HBO’s sister company at Time Warner, will get a piece of the action from the “Lord of the Rings” series, as it will be co-produced by WB’s New Line Cinema division.
Read the full article HERE