Amazon has locked down a deal with the J.R.R. Tolkien's estate to make a Lord of the Rings TV series, giving it a "multi-season commitment," Deadline reports.

Jeff Bezos has been gunning for a _Game of Thrones_-style tentpole on the streaming service since September, and the new Lord of the Rings deal looks like a big step in that direction. Netflix and HBO were reportedly also vying for the rights before Amazon locked down a deal.

According to Deadline, the company is already funneling a huge amount of money into the project, dropping around $200 million just to lock down the rights and likely planning to spend at least $100 million for a first season. Amazon Studios will spearhead the production, with help from the Tolkien estate, HarperCollins, and New Line Cinema.

"The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen," Amazon Studios scripted TV head Sharon Tal Yguado said in a statement following the announcement.

The upcoming series will reportedly take place before the events of Fellowship of the Ring, but other than that, there's no word on what Middle Earth tales or Silmarillion subplots the series will focus on.

Are we finally going to get the Tom Bombadil spinoff the world has been breathlessly waiting for? Or maybe a police procedural starring the Rangers of the North? Or a sitcom about Butterbur at the Prancing Pony? Whatever the show may be, at least one thing is for sure—it's going to cost a shit-ton of money.