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

 

Gordon Campbell: On Tiwai Point (And Saying “No” In Greece)

Its hard to see how Rio Tinto’s one month delay in announcing its intentions about the Tiwai Point aluminium smelter is a good sign for (a) the jobs of the workers affected or (b) for the New Zealand taxpayer. More>>

ALSO:

Half Empty: Dairy Product Prices Extend Slide To Six-Year Low

Dairy product prices continued their slide, paced by whole milk power, in the latest GlobalDairyTrade auction, weakening to the lowest level in six years. More>>

ALSO:

Copper Broadband: Regulator Set To Keep Chorus Pricing Largely Unchanged

The Commerce Commission looks likely to settle on a price close to its original decision on what telecommunications network operator Chorus can charge its customers, though it probably won’t backdate any update. More>>

ALSO:

Lower Levy For Safer Cars: ACC Backtracks On Safety Assessments

Dog and Lemon: “The ACC has based the entire levy system on a set of badly flawed data from Monash University. This Monash data is riddled with errors and false assumptions; that’s the real reason for the multiple mistakes in setting ACC levies.” More>>

ALSO:

Fast Track: TPP Negotiations Set To Accelerate, Groser Says

Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month's end, according to Trade Minister Tim Groser. More>>

ALSO:

Floods: Initial Assessment Of Economic Impact

Authorities around the region have compiled an initial impact assessment for the Ministry of Civil Defence, putting the estimated cost of flood recovery at around $120 million... this early estimate includes social, built, and economic costs to business, but doesn’t include costs to the rural sector. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news