Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Avatar deal potential gold for Wellington

16 December 2013

Avatar deal potential gold for Wellington

Making the next three Avatar movies in New Zealand will be a fantastic boost for the film industry, the economy, and most likely for Wellington, says Wellington Employers’ Chamber of Commerce Chief Executive Raewyn Bleakley.

“The memorandum of understanding signed by the Government, Lightstorm Entertainment and Twentieth Century Fox Film Corporation is the best news the industry, much of which is based in Wellington, has had since The Hobbit production finished.

“A $500 million boost, the jobs that would be created, and commitments for direct input by the studios into our film industry make this a real deal.

“Though further details are still to come, the fact that the first Avatar movie was made in Miramar by Weta Digital, and that Director James Cameron lives just over the hill in Wairarapa, you would have to think there’s a fair chance the next three in the series would be made here, too.

“And hopefully that will also mean we will get the one world premiere for New Zealand that is part of this.

“Wellington is also pretty good at doing this sort of stuff, so here’s hoping. That would be a further boost for our film capital.”

Raewyn Bleakley said the Government was also to be congratulated on having the foresight to boost production incentives for such movies to be made in New Zealand.

“We are pleased with this strategic investment being made in our local New Zealand film industry.

“You would have to imagine that move would have played a big part in the decision to make the Avatar movies here.

“There will always be critics and detractors of this type of encouragement from Government.

“Given the competitive international environment, we have to be prepared to do something extra to attract and retain such projects to our shores, especially those with local connections.

“This is a sound decision, with significant ongoing opportunities for economic growth beyond just the film industry and just what Wellington needs right now.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Internet: NZ Govt Lifts Target Speeds For Rural Broadband

The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key driver for export growth. More>>


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news