In the News: NZ film industry looks towards $1b – NZ Press

by Feb 9, 2000Lord of the Rings (Movies)

NZ film industry looks towards $1b

The Press On-line – February 10, 2000



Earnings from making the movies Lord of the Rings and The Vertical Limit could push New Zealand’s annual film earnings towards a billion dollars this year.



The Screen Producers and Directors’ Association says its latest survey showed earnings would top $307 million to March 2000, up 50 per cent on the 1998-99 fiscal year. Its survey, however, did not include Peter Jackson’s Lord of the Rings (estimated to be worth more than $350m) nor The Vertical Limit (estimated at $120m-plus) as filming did not take place within the survey period. –NZPA

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