Amazon is spending major money to bring its “Lord Of The Rings” series to viewers.

The company has reportedly spent $500 million on the project – nearly double what director Peter Jackson’s movie trilogy cost to produce – making it the most-expensive TV series of all time. Jackson’s trilogy cost $280 million, excluding marketing dollars.

RELATED: Ian McKellen Wants To Reprise Role As Gandalf In ‘Lord Of The Rings’ Amazon Series

Amazon is reported to have shelled out $250 million just for the rights to J.R.R. Tolkein’s writings and will spend another $250 million on production and marketing. The streaming company aims to produce two seasons of the fantasy series, which will explore stories from Middle Earth that have previously not been explored on-screen.

Last year former head of Amazon Studios, Roy Price, said the company was looking for its own “Game Of Thrones”.

RELATED: Sean Bean Finally Reveals Ned Stark’s Final Words In ‘Game Of Thrones’

“I do think ‘Game of Thrones’ is to TV as ‘Jaws’ and ‘Star Wars’ was to the movies of the 1970s. It’ll inspire a lot of people. Everybody wants a big hit and certainly that’s the show of the moment in terms of being a model for a hit,” he told Variety.

By comparison, “Game Of Thrones” costs approximately $15 million per episode, excluding marketing costs.

Amazon’s “Lord Of The Rings” has not yet begun filming.

Click to View Gallery
Surprising Remakes And Reboots In The Works