They paid way too much for that LOTR related show. Though, anecdotal, the people I know who watched it never finished the first season. Wonder how many more had the same experience.
I wanted to hate Rings, and in fact partially do for its significant digression from canon, but at some point I decidsd to accept it for what it was - a money play with some teasing points - and not waste time feeling bad about it.
The Ring of Power can improve in the 2nd and later seasons (It had good bits but obviously could have been better) and the can also make other middle-earth based shows.
It's no use if people are not able to finish the 1st