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New Zealand could face $1.5 billion fallout if loses “Hobbit”

October 22, 2010 at 3:06 pm by xoanon  - 

WELLINGTON — New Zealand’s economy could lose as much as $1.5 billion if Warner Bros. relocates its production of “The Hobbit” with the country’s burgeoning film suffering long-term damage, economists said on Friday. New Zealand filmmaker Peter Jackson shot his blockbuster “Lord of the Rings” trilogy in his home country, which bolstered the local film industry, and he planned to shoot a two-part adaption of J.R.R. Tolkien’s “The Hobbit” locally as well. But the project’s future in New Zealand is now in doubt after actors’ unions boycotted working on “The Hobbit” and Time Warner Inc.’s Warner Bros started looking for alternative locations for the estimated $500 million production. More..

Posted in Hobbit Movie, Locations Sets, Studios, The Hobbit, Warner Bros. on October 22, 2010 by

Key to Erebor

2 responses to “New Zealand could face $1.5 billion fallout if loses “Hobbit””

  1. Aliceat41 says:

    It seems to me that we as fans and paying moviegoers will be the ultimate deciders in the successfullness of the Hobbits. What would make us not want to go and see these movies? Not being filmed in New Zealand (locations, WETA etc) is a blow but if Peter Jackson ALSO pulled out, I doubt I’d be interested in seeing them. If Sir Ian McKellan pulled out aswell it would be the final nail in the coffin for me. There are surely still some plays left in these negotiations? Warner Bros need to be shown that if the fans don’t pay, then the whole thing is a waste of time anyway and they should not be swayed by a few feckless troublemakers.

  2. Why not shhot it in my hometown in France ?
    Girls here are plenty gorgeous, we have totally unnerving arrogant folks aplenty which could be a really awesome fit for goblins, plus Peter Jackson could have a 10% discount in our local pubs. What else could the MGM guys wish for ?!?

    Seriously. Let’s stick with the Wingnut/Weta team & NZ.

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