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December 5, 2012 07:58 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/mfMGp2B_Ip0/new-zealand-give-120m-subsidy.html
New Zealand give $120M subsidy to Hollywood for local production of The Hobbit, plus a passel of new anti-union and copyright laws -- and corrupt police raids
Writing for Bloomberg, Joe Karaganis describes the incredible subsidies that New Zealand provided to the film production for The Hobbit, and what a brutal screwjob those subsidies represent for Kiwi taxpayers. But now you arent thinking like a studio. The real question is: How much taxpayer money can Warner Bros. demand from the government of [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/mfMGp2B_Ip0/new-zealand-give-120m-subsidy.html
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