Amazon and Warner Bros. are looking to team up to make a series out of J.R.R. Tolkien's The Lord of the Rings novels.

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According to Variety, Warner Bros. and the estate of late author J.R.R. Tolkien are currently in early talks with Amazon Studios to adapt his beloved series into a TV show. Things are said to still be in the very early stages, however, negotiations are currently underway. The streaming service emerged as the frontrunner for the project after Warner Bros. and the Tolkien estate began shopping the project around, sparking a competitive situation among various -- and unnamed -- interested parties.

Amazon has carved a niche out for itself with the likes of television shows such Transparent and Mozart in the Jungle, however, it's looking to move away from those types of projects and instead turn its gears towards more genre programming in hopes of broad international appeal. With the addition of a series based on the The Lord of the Rings novels, the streaming service could easily accomplish this.

Interestingly enough, Warner Bros. was famously sued by the Tolkien estate after the family and publisher HarperCollins went after the studio due to the use characters from the movies in online slot machines and other games. That lawsuit had been underway since 2012, with Warner Bros. later settling this past July for an undisclosed amount.

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The Lord of the Rings film trilogy, which spanned from 2001 to 2003, is available for purchase on Blu-ray, DVD and Digital HD. The films, which were all directed by Peter Jackson, took in an astonishing $2.9 billion dollars at the worldwide box office and later spawned a prequel trilogy based on Tolkien's The Hobbit.