Tax breaks and the Hobbit

From Stuff:

A meeting between Warner Brothers and senior government ministers has ended, with studio executives asking for larger incentives to keep The Hobbit movies in NZ.

The two-hour meeting, which included New Line Cinema boss Toby Emmerich, ended with no resolution to the Hobbit standoff.

Following the meeting, Prime Minister John Key confirmed there would be more discussions overnight and tomorrow before a decision on whether the movie would be filmed here.

He reiterated that industrial issues had been the major concern of the studios but confirmed for the first time that the studio was also seeking a bigger sweetener from taxpayers.

Classic.

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