News for Aug. 24, 2003

NZ Treasury Doubts The Benefits Of Rings

8/24/03, 5:14 pm EST - Demosthenes

Ringer Spy Bellerophon spotted this interesting story over at stuff.co.nz. Tax concessions allowed Hollywood studio New Line Cinema to take $3.5 billion worldwide for the first two films - but New Zealand government papers cast serious doubt over any long-term benefits to the country. [More]