Behind the Amazon deal: Fancy dinners, film premieres and a Covid-19 pandemic
Lord of the Rings. Like all screen productions based in New Zealand, UAP qualified for a 20 per cent rebate on nearly every dollar spent here. But economically significant productions are invited to apply for a 5 per cent uplift, taking the subsidy to a full 25 per cent. The Auckland meetings were about negotiating what New Zealand would get for that 5 per cent. For a TV series looking at filming for a decade, that 5 per cent equates to tens of millions of dollars. But getting the money isn’t easy. The Government requires each production to sign a Memorandum of Understanding to make su...
Source: stuff.co.nz