Wednesday, October 27, 2010

New Zealand Boosts Incentives to Keep The Hobbit

New Zealand Prime Minister John Key announces new law to entice future movie productions.

NPR reports:

Mr Key said tax rebates would be changed, allowing Warner to claim an extra $7.5m for each Hobbit movie. “My government is determined to use the opportunity that the Hobbit movies present to highlight New Zealand as a great place to visit, as well as a great place to do business,” he said.

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