Is Amazon going to adapt the Silmarillion for television?

The City of Gondolin, which is in The Silmarillion. Could we see this in the Amazon series?

When The Hobbit movies started getting made by Peter Jackson, I was initially excited. Looking back on them, they aren't ones that I take the time to rewatch at all, whereas the Lord of the Rings movies are ones I do rewatch whenever I catch them on television (usually TBS). Still, I was disappointed when the estate of J.R.R. Tolkien said they were mad at New Line Cinema for their treatment of The Lord of the Rings films, and that they (let's be honest that we're talking Christopher Tolkien when I say "they") were never going to allow Jackson to get near the Silmarillion, which has a wealth of great stories in it, many of them potentially better than the actual War of the Ring.

And just so you know, I'm not a big Christopher Tolkien fan. He hates all the movies made of his dad's material, and he disowned his own son over the movies, even though they eventually reconciled. It just goes to show you that there's no end to legal red tape and bad feelings, etc. to bring these kinds of stories to a general audience. I truly feel for the great directors like Peter Jackson who deal with insufferable and egotistic people day in and day out in order to honor some work that the world appreciates.

Anyway, I thought the story with Tolkien adaptations was going to end with the release of The Hobbit. However, NPR reported this morning that the Tolkien estate and Trust are now entering a collaboration deal to bring all those Middle-Earth stories from the Silmarillion to television via Amazon subscription service. Okay, I'm in. I just hope they do a good job with it, because the Peter Jackson stuff had really solid production values and the battles looked "epic" with a capital "e." In my opinion, to properly do many Silmarillion stories, you'd need a budget that makes the latest season of Game of Thrones look small. Is Amazon willing to pony up that kind of cash? I hope the stories we get aren't just Xena: Warrior Princess types. This is what I'd call "filler" material that is essentially pointless if you don't have incredible high points in the story to make it all worth while.

So imagine the histories of Gondor, Khazad-Dum, and Rohan being told. Maybe one story could be the forging of the rings of power or perhaps Durin's attempt at taking back Moria. Maybe we'd see the other Istari wizards that went south and disappeared into the world of men. Perhaps we see Ungoliante...that would be very cool.

I gotta be honest though...I kinda wish Netflix had took this on instead of Amazon. Just sayin'....