In recent years, TV series budgets have skyrocketed to unprecedented levels. Streaming services and major studios are sparing no expense in crafting spectacular stories that rival Hollywood blockbusters in scale. However, massive investments don’t always translate into success. Here, we take a look at the most expensive TV series that have cost hundreds of millions of dollars to produce.
The Crown – The Luxury of British Monarchy
Netflix’s historical drama stuns with its attention to detail: costumes, set designs, and performances fully immerse viewers in the era of Queen Elizabeth II. The creators spared no expense — each episode cost $15 million, with the entire project amounting to $156 million.
Game of Thrones – The Fantasy Phenomenon That Conquered the World

One of the most ambitious TV projects in history, HBO’s hit series set new records. The final season alone had a staggering budget of $15 million per episode. With dragons, epic battles, complex visual effects, and a star-studded cast, Game of Thrones became a cultural phenomenon.
The Pacific – War Realism on Screen
HBO’s miniseries, produced under the guidance of Steven Spielberg, required immense financial investments. Each episode, with a budget of $20 million, featured real military equipment and meticulously recreated World War II battles.
House of the Dragon – A Costly Prequel
Despite the divisive ending of Game of Thrones, the studio invested heavily in its prequel. The 10-episode season cost $200 million, making it one of the most expensive shows in recent years. However, House of the Dragon has yet to match the original’s level of popularity.
The Lord of the Rings: The Rings of Power – The Ultimate Record Holder

Currently, the most expensive TV series ever made is Amazon’s The Lord of the Rings: The Rings of Power. The first season alone cost a staggering approximately $60 million per episode. Despite its grand scale and lavish sets, the series received mixed reviews. However, its creators remain confident that future seasons will prove financially worthwhile.
Marvel Series – Small Screen Blockbusters
Disney+ projects such as WandaVision, Loki, and The Falcon and the Winter Soldier brought big-budget superhero action to TV. With an astounding $25 million per episode, these shows rank among the most expensive productions in television history.
While these productions showcase some of the most extravagant budgets in TV history, their success remains a gamble. Big spending can create visually stunning shows, but audience reception and storytelling quality ultimately determine their legacy.