“This is money laundering at broad daylight”: Amazon Already Working on The Rings of Power Season 3 After Spending Almost Half a Billion on Season 1

Controversy surrounds Amazon's Lord of the Rings series as Season 3 plans ignite budget and story concerns

“This is money laundering at broad daylight”: Amazon Already Working on The Rings of Power Season 3 After Spending Almost Half a Billion on Season 1

SUMMARY

  • Fans brace for uncertainty as Lord of the Rings' Season 3 deal unfolds, echoing Season 1 woes.
  • Showrunners McKay and Payne ignite excitement with Amazon MGM Studios, sparking anticipation for franchise growth.
  • Despite a $462 million bet, Lord of the Rings falters in post-Season 1 engagement, defying expectations.
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Amazon Prime Video’s Lord of the Rings: The Rings of Power has triggered more concern than outright excitement among fans. With the conclusion of filming for its second season, the announcement of a new deal for a third season from the show’s runners has left many fans apprehensive.

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The debut of Amazon Prime Video’s Lord of the Rings: The Rings of Power was met with a tumultuous response within the entertainment industry upon its first season release last year.

Lord of the Rings: The Rings of Power
Lord of the Rings: The Rings of Power

Criticism was leveled at the show for its perceived shortcomings despite the substantial budget allocated to its production. However, despite the mixed reviews of its inaugural season, the show’s producers remain undeterred, pressing forward with plans for both a second and third season.

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The Rings of Power Continues Its Journey with Season 3 Renewal

The Lord of the Rings: The Rings of Power
The Lord of the Rings: The Rings of Power

The renewal of The Lord of the Rings: The Rings of Power for season 3 has stirred anticipation, cementing the series’ path forward before season 2’s debut. Showrunners Patrick McKay and J.D. Payne have reaffirmed their alliance with Amazon MGM Studios with a new deal, underscoring their dedication to the franchise.
However, while the deal has been sealed, specific plot details remain shrouded in secrecy, leaving fans eager for more information.

Notably, the second season of The Rings of Power is eagerly anticipated, with its premiere scheduled on Amazon Prime Video later this year. The show has already made waves as Amazon’s most-watched original series, consistently ranking in Nielsen’s streaming chart Top 4 during its initial run.

While an official order for a third season has yet to be confirmed, signs of progress are evident as the showrunners have begun to flesh out the initial story outline. This suggests that the creative wheels are already in motion, promising further expansion of the rich tapestry of Middle-earth.

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Amazon Studios head, Vernon Sanders said (via THR),

“We began this remarkable journey with JD and Patrick more than five and a half years ago and have never looked back. We continue to be amazed by the scope and scale of their vision and the enormous global success achieved by The Lord of the Rings: The Rings of Power in its record-breaking first season. We can’t wait for Prime Video customers to experience the epic adventure and high-stakes drama that JD and Patrick are continuing to build throughout season two and beyond.”

In addition to the renewal news, Amazon is planning a significant shift in the show’s production logistics. The production hub is set to move from Bray Studios to the state-of-the-art facilities at nearby Shepperton Studios in the U.K.
With the promise of more epic adventures on the horizon, fans have much to look forward to as both a second and third season of The Rings of Power.

A Pricey Odyssey of Rings of Power S1 Through Complexity

Galadriel in The Rings of Power
Galadriel in The Rings of Power

Amazon Prime Video’s Lord of the Rings: The Rings of Power was poised to become a fan favorite series upon the release of its first season, yet fate had different plans in store. Despite high expectations, the series encountered a significant loss of engagement from its initial audience post-season 1, with a notable portion failing to watch all the episodes.

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According to The Hollywood Reporter, only 37% of viewers who initially tuned into the show completed the series, signaling a concerning trend. Despite these fluctuations, the show’s production costs are staggering.

Vanity Fair reports estimates of the first season’s expenses alone reaching a staggering $462 million. However, while the financial investment is substantial, it does not necessarily reflect the overall quality of the series.
Many argue that there are shows of considerably higher quality that were produced at a fraction of the cost.

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The discrepancy between budget and perceived quality is a point of contention for critics and viewers alike. The decision to proceed with two more consecutive seasons despite the lukewarm reception of the first season has raised eyebrows.
However, fans and critics alike await with anticipation to see how the series will evolve and whether it will justify its unprecedented budget in the seasons to come.

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Written by Pritha Roy

Articles Published: 75

Pritha Roy, a seasoned content writer with two years of expertise in captivating feature writing, is currently pursuing a master's degree in mass communication and journalism at Sister Nivedita University. Prior to this, she honed her skills at Aajkaal, a distinguished Bengali newspaper organization. Pritha excels in crafting engaging and audience-centric content that resonates deeply with readers.