The Lord of the Rings is a film series consisting of three epic fantasy adventure films directed by Peter Jackson. They are based on the novel The Lord of the Rings by J. R. R. Tolkien. The films are subtitled The Fellowship of the Ring (2001), The Two Towers (2002) and The Return of the King (2003). They are a New Zealand–American venture, produced by WingNut Films and The Saul Zaentz Company and distributed by New Line Cinema. The trilogy was one of the biggest and most ambitious film projects ever undertaken. It had a budget of $281 to $330 million depending on the source. All three films were shot over eight years simultaneously and entirely in Jackson's native New Zealand. One in every 160 New Zealanders was part of the production. Each film in the series also had special extended editions released on DVD a year after their respective theatrical releases. While the films follow the book's general storyline, they do omit some of the novel's plot elements and include some additions to and deviations from the source material.