Prime Video has poured everything it could into the ambitious fantasy series The Lord of the Rings: The Rings of Power, making it the streamer's most expensive show, but it isn't without risk. As beloved as J. R. R. Tolkien's stories are, The Rings of Power has not been embraced by the fandom at large and has not maintained viewership between the first and second seasons. So, as Season 3 prepares for its release, fans are watching closely to see if The Rings of Power will defy the odds or fall victim to the string of premature cancellations that haunt the fantasy genre. This attention makes Prime Video's recent announcement about The Rings of Power all the more interesting.