When you have stupid amounts of money you can do stupid things.
Amazon threw down 250 million for the rights to Tolkien stories. I've read several articles and the most astonishing thing to me is: it looks like the actual books, the Silmarillion, the Unfinished Tales, are not included. This show is supposed to be a multi-season prequel to the Lord of the Rings.
I guess Bezos can waste the money. I think a series based on aspects of the Silmarillion (Hurin, Turin, Beren etc) could be great, though you would need quality writing to transition it to the screen. But a whole new story just somewhere in Middle Earth? Good luck, fools.
P.S. Bezos please don't raise the price of Prime to pay for this boondoggle, thx.
P.P.S. Hobbit trilogy was awful, a real travesty.