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"The market is crazy, as you saw with the Knives Out deal. [Netflix paid $469 million for two sequels.]," Salke said. "This is a full season of a huge world-building show. The number is a sexy headline or a crazy headline that's fun to click on, but [the budget] is really building the infrastructure of what will sustain the whole series." Early reports in 2018 pegged at least two seasons of "Lord of the Rings" costing Amazon in the $500 million range, which is a bargain compared to the $465 million price tag for just one season. As expected, Amazon is viewing the debut season of its "Rings" series to be the start of an entire Middle Earth franchise on the streaming platform, thus Salke believes the massive investment is needed upfront to set up the franchise for future success.

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