[Photo credit: Warner Brothers Entertainment]

It’s official, Lord Of The Rings fans: The series will officially be getting a TV adaptation.

Read more: Sean Astin shares his thoughts on ‘Lord Of The Rings’ TV series

It was initially reported that Warner Bros. and series author J.R.R. Tolkien's estate were said to be in the early stages of discussions with Amazon Studios. 

Now, the network has announced a “multi-season production commitment” for the upcoming series, which is set to take place in Middle Earth and “explore new storylines” preceding Tolkien’s The Fellowship of the Ring” and include a potential spin-off series, as Consequence Of Sound has reported.

“The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen,” Sharon Tal Yguado, Amazon's new head of scripted, tells The Hollywood Reporter. “We are honored to be working with the Tolkien Estate and Trust, HarperCollins and New Line on this exciting collaboration for television and are thrilled to be taking The Lord of the Rings fans on a new epic journey in Middle Earth.”

They report that the series will be produced by the streaming service in cooperation with the Tolkien Estate and Trust, HarperCollins and New Line Cinema.

Actor Sean Astin, who played Samwise, said last week that he always thought there would be a remake, even though people would always argue that a remake wouldn't happen. “I’ve been saying for 15 years that maybe like 12 years after Lord of the Rings came out, that it would get remade,” Astin says.

“And people always said, ‘Oh no, it’ll never get remade! It’s a classic! They could never top it!’ And I’m like, ‘No, it’ll get remade. It’s a massive story! The characters are so beloved.’”

What are your thoughts on a new LOTR TV series? Let us know in the comments below!