The billion-dollar Rings of Power is part of the weird new age of television

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The billion-dollar Rings of Power is part of the weird new age of television
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Prime Video is investing untold amounts in its Lord of the Rings fantasy. But the fastest-growing new streamer has a very different approach

The Lord of the Rings: The Rings of Power has reportedly cost Amazon $1 billion or so to make already. Photograph: Ross Ferguson/Prime Videofor its second instalment, and nobody really noticed. The Lord of the Rings: The Rings of Power has reportedly cost Amazon ’s Prime Video service $1 billion or so already, and the final bill will come in a lot higher if the streamer keeps its promise of five seasons.

Government’s refusal to scrap the licence fee shows a depressingly limited understanding of the media landscape Consider Apple TV+. What is it for? It produces some very good dramas, from Severance to Sunny to Slow Horses. But it seems unlikely that many people subscribe to the platform year-round for its sporadic trickle of fresh content. And, yes, you get a free sub for a while when you buy a new Apple device .

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