Sir Peter Jackson was interviewed  earlier today on New Zealand’s TV ONE on the future of the Hobbit films in New Zealand. Excerpts follow:

“It’s a question of confidence in our industrial relations and the damage was done within a week of the blacklist going on.”

“There are risks involved in movies, they have to be good films, they have to earn a profit and [studios] need the insurance factor that money is going into a stable industrial climate.”

“Up until a month ago, no one had even thought in a million years that this movie was going to leave the country. And then this blacklist was bought on, and the studio said ‘What the hell is going on?’ and we tried to figure out what the hell was going on. At that point confidence in our country as a stable base to make movies started to erode.”

Warner Bros. representatives will be flying down to New Zealand next week to begin preparations for moving the films off-shore, and New Zealand Prime Minister John Key has made it known he is prepared to meet with them. However, PJ’s  comments on the same seem to add veracity to the fact that the decision to keep the film in New Zealand is no longer in his hands.

“This is where I’m out of my depth. I can talk my way around the movie, but to tell the studio why investing $500 million in our country is a good idea when they’ve just seen the disgusting frivolous action that’s just happened, I don’t know what to say. The Prime Minister should say something because I certainly don’t know what to say.”

Read the entire interview over at New Zealand’s TV ONE.