Amazon’s “Lord of the Rings” tv present is shaping as much as be a expensive endeavor for the tech firm.

On Friday, New Zealand’s minister for financial improvement and tourism revealed that the fantasy drama will be one of the most expensive tv collection ever made, with its season one price ticket coming in at round $465 million.

“But what I can inform you is Amazon goes to spend about $650 million in season one alone,” Stuart Nash told Morning Report. The determine he offered was in native forex.

The manufacturing determine is very large and sure the largest sum any studio has spent to supply a single season of tv. For comparability, HBO’s “Game of Thrones” cost round $100 million per season. Season one episodes cost round $6 million every and finally rose to round $15 million by season eight.

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

“This will be the largest tv collection ever made,” Nash stated.

The figures, launched as half of the New Zealand authorities’s Official Information Act, have been first reported by the New Zealand-based outlet Stuff. Its report indicated that Amazon is seeking to movie 5 seasons in the nation and presumably produce a by-product collection.

Amazon’s spending in New Zealand will set off a tax rebate of round $114 million and has been flagged as a “vital monetary danger” by the nation’s treasury. There’s no cap on how a lot Amazon is allowed to spend, and due to this fact, New Zealand might be on the hook for lots of of thousands and thousands of {dollars} to assist subsidize the undertaking.

However, the manufacturing will possible carry a big monetary enhance to the native financial system, as Amazon pays for native labor, accommodations and meals, amongst different issues. Then there’s the future tourism bump. Peter Jackson’s “Lord of the Rings” and “Hobbit” movie trilogies have been an enormous boon to New Zealand, as they introduced in vacationers from round the world.

The “Lord of the Rings” collection is at present in manufacturing and anticipated to debut in late 2021.