No. Amazon doesn't have the rights to LOTR itself. They only have the rights to the appendices, and they got them directly from the Tolkien estate since WB already had the rights to the rest of it.
So now we get to have a double dose of cringe to laugh at.
Wait a min - does this mean Rangs o' Powuh is dead? Given that Amazon made it?
No. Amazon doesn't have the rights to LOTR itself. They only have the rights to the appendices, and they got them directly from the Tolkien estate since WB already had the rights to the rest of it.
So now we get to have a double dose of cringe to laugh at.