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The Hobbit sets benchmarks for studio spending

Author
AAP,
Publish Date
Tue, 21 Oct 2014, 9:01PM

The Hobbit sets benchmarks for studio spending

Author
AAP,
Publish Date
Tue, 21 Oct 2014, 9:01PM

The movie trilogy The Hobbit has so far cost nearly three-quarters of a billion US dollars to make as the epic continues to set new benchmarks for studio spending.

Financial documents filed this month in New Zealand, where the films are being made, show production costs through March had reached $NZ934 million.

That eclipses previous records for film productions.

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