I think that even by your definition the core audience is people who enjoyed the movies and watch prestige TV shows especially when you consider the marketing campaign. That’s the people Amazon is targeting. Fans of LotR as a universe are a very small subsection of that.
Call it like you want. I meant that it’s a TV show with a production budget of 60 millions dollars an episode without counting the rights purchase. It can’t really be compared to a traditional show.
This season is going to cost twice as much as the original three movies. That’s completely insane.