New Zealand, where Peter Jackson’s three films were set and made for a total of £177m, beat rival Scotland to be named the production location for the show, which is expected to be the most expensive series ever made.
Lord of the Rings will return to New Zealand for its Amazon TV series on a budget of £660m, which is more than triple what the original trilogy of films cost.
The deal is a triumph for the New Zealand film industry and government, which had been involved in months of negotiations with Amazon.
Scotland was also a front-runner for the production location but uncertainty over Brexit reportedly hindered its chances.