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.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Agreements: TPP Minus US Starting To Gain Ground

The Japanese government is picking up the pace on reviving the Trans-Pacific Partnership trade and investment deal, with talks scheduled next month among the 11 countries left in the pact after the withdrawal by the US after the election of president Donald Trump. More>>

ALSO:

PACER:

Prices Up 2.2%: Annual Inflation Highest In Over Five Years

"Rising petrol prices along with the annual rise in cigarette and tobacco tax lifted inflation," prices senior manager Jason Attewell said. "Petrol prices in New Zealand are closely linked to global oil prices, and cigarettes and tobacco taxes rise in the March quarter each year". More>>

ALSO:

Undertaxed? NZ Income Tax Rate Second Lowest Among Developed Nations

New Zealand workers pay the second smallest portion of their income to the government among developed nations and less than half the average ratio of their Organisation for Economic Cooperation and Development peers. More>>

ALSO:

Cyclone Cook: Round Up Of This Week’s Weather

One of the significant impacts this week was flooding due to excessive rainfall amounts. Rainfall amounts topped out at 350mm over the past 60 hours in parts of northwest Nelson, with 200mm+ measurements recorded about Coromandel Peninsula, and between 150-200mm in the Kaimai Ranges. Rainfall amounts of between 30-50mm were commonplace elsewhere. More>>

ALSO:

Earlier: Batten Down The Hatches For Cyclone Cook

Although fast-moving, Cyclone Cook will be destructive and MetService Expert Meteorologists have issued Severe Wind Warnings for the whole of the North Island apart from Northland... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news