{"id":99353,"date":"2015-09-24T20:08:31","date_gmt":"2015-09-25T01:08:31","guid":{"rendered":"http:\/\/www.theonering.net\/torwp\/?p=99353"},"modified":"2015-09-24T20:08:31","modified_gmt":"2015-09-25T01:08:31","slug":"hobbit-cost-new-zealand-taxpayers-191m","status":"publish","type":"post","link":"https:\/\/www.theonering.net\/torwp\/2015\/09\/24\/99353-hobbit-cost-new-zealand-taxpayers-191m\/","title":{"rendered":"Hobbit cost New Zealand taxpayers $191m"},"content":{"rendered":"
\"Wellington,<\/a>
Wellington, NZ<\/figcaption><\/figure>\n

For those who are interested in the finances behind the making of The Hobbit trilogy, here’s a news story from the NZ Herald<\/a> about the subsidies that Warner Brothers received (thanks to ringer Ataahua for the link):<\/p>\n

New Zealand taxpayers put up an “extreme” amount of money to get the Hobbit films made here – and the real winner was Warner Bros, the Green Party says. The Government has defended the spending of close to $200 million as having wider benefits – including more than one in ten visitors citing the movies as a reason they became interested in visiting.<\/em><\/p>\n

The latest statements for Warner Bros Entertainment’s New Zealand subsidiary, 3 Foot 7, show the firm received a large budget screen production grant of $38.3 million in the 12 months to March 31 this year. That adds to the $54.6 million it received in the 2014 year, $31.3 million in 2013, $46.9 million in 2012 and $20.2 million in 2011. Across the five years, production costs amounted to around $1.1 billion, meaning the Warner Bros unit has claimed about 17 per cent of total costs under the grant.<\/em><\/p>\n

Green Party finance spokeswoman Julie Anne Genter said the level of taxpayer money stumped up was “pretty extreme”.<\/em> Read More…<\/strong><\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

For those who are interested in the finances behind the making of The Hobbit trilogy, here’s a news…<\/p>\n","protected":false},"author":10,"featured_media":51207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4,498,148,392],"tags":[883,2844,2864],"class_list":["post-99353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hobbit-movie","category-production-studios","category-hobbit","category-warner-bros","tag-new-zealand","tag-the-hobbit-the-hobbit-movies","tag-warner-bros"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t