Michael Field at Stuff reports:
Sir Peter Jackson’s The Hobbit is set to be the most expensive film made, Hollywood sources reported this weekend.
The Daily Telegraph in London said The Hobbit will cost US$500 million (NZ$663m) to produce.
This would make it about $200m more expensive than the third part of the Pirates of the Caribbean franchise.
It would also mean The Hobbit’s final price-tag would be approaching twice that of the Lord of the Rings trilogy, which cost $281 million, the Telegraph reported.
Almost two thirds of a billion dollars – much of which would be spent in New Zealand. That would provide a lot of jobs for a lot of people.
But hey why not let a tiny group with just 87 members drive it off shore. Solidarity is more important than jobs – right. $5,000 a week is just slave labour and can not be tolerated.