The aim of this research is to analyze the fantasy fiction genre films as a postmodern phenomenon. With various ways of looking into the texts, the study focuses on the narrative structure of the fantasy formations with a postmodern perspective. This thesis firstly investigates the fantasy genre films as a whole by conducting a research on the fantasy films database. From this point, the boundary of the definition for fantasy genre is argued. With using psychoanalysis along with Tolkienian and mystic way of looking into texts, this thesis finds connections to the postmodern features of these narrative structures. In this context the film Lord of the Rings (2001, Peter Jackson) is analyzed through these ways of looking into texts. Specifically the notions of time, historicism and subject were examined through postmodern theory. Thus, the features of the narrative structure indicate postmodern tendencies.