Hobbits and other myths

The Inquiring Mind

As Adam noted earlier:-

emmerson_30062018Nine to Toon on film subsidies

Some interesting comments, following Matt Nipperts Herald article

The New Zealand taxpayer has forked out nearly $600 million to Hollywood producers since 2010 to support the Wellington-dominated film industry, and despite commissioning numerous studies the Government is unclear whether this represents money well spent.

The subsidy scheme, originally conceived to facilitate filming of the Lord of the Rings, has steadily increased over the past two decades and now sees mostly overseas producers paid subsidies of up to a quarter of production costs – resulting in $161m paid to the makers of the wildly profitable Hobbit trilogy and $12m for animation on Alvin and the Chipmunks 4.

Nippert makes some very valid points, but at the same time the NZ film industry has expanded dramatically in recent years .

In addition the profitability of a film is not the point.

What is the point…

View original post 40 more words

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This entry was posted in applied price theory on by .

About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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