According to the Hollywood Reporter, it cost about $745 million to make The Hobbit trilogy, which was three times as much as it cost to make The Lord Of The Rings movies. However, The Hobbit trilogy was not as well-received by audiences as The Lord of the Rings movies were, even though they serve as a fun opportunity to expand on the stories of some characters from Jackson’s first adventure in Middle-earth.
The films were still successful at the box office, as the first movie in The Hobbit trilogy grossed $1.011 billion worldwide, per the Hollywood Reporter, and the second earned $958 million globally. All three movies were nominated for a slew of awards, including several Oscars, and they appeared at international film festivals. According to IMDb, the first film won 11 awards, including two 2014 Annie Awards, the second film won 19 awards, and the third movie won eight awards.
Given the trilogy’s critical and financial success, plus the massive fan base that swarms anything related to Tolkien’s work, it makes sense that all three films have found a home at HBO Max. Plus, all three The Lord of the Rings films are on the streaming platform, as well, so you can really make a weekend of it. However, if you don’t have an HBO Max subscription, The Hobbit movie trilogy is available to rent (or in some cases purchase digitally) through other online streaming services like Amazon Prime Video and Apple TV.