has taken a different, high-risk approach. After acquiring MGM for $8.5 billion, Amazon gained access to the James Bond franchise, Rocky , and over 4,000 film titles. But their claim to the throne of "popular productions" rests on The Lord of the Rings: The Rings of Power . With a budget rumored to exceed $1 billion for five seasons, it is the most expensive television production in history. Whether you love it or hate it, it represents a studio's willingness to bet on spectacle.
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