New Zealand is set to move from being the “home of Middle-earth,” as it has become known with The Hobbit and Lord of the Rings films, to “the place where Pandora was brought to life.”
James Cameron’s follow up trilogy to his record breaking blockbuster, Avatar, will be made in New Zealand, with confirmation of a deal announced Monday worth over NZ$500 million ($412 million), outlined in a memorandum of understanding between the New Zealand government, Cameron’s Lightstorm Entertainment and Twentieth Century Fox Film Corp.
The MoU underpins changes to New Zealand’s range of incentives, announced at the same time, with Lightstorm and Fox getting 25 percent rebates on their spend in the country – an increase of 10 points on the current incentives available. Live action filming and visual effects will be done in NZ, Hollywood reporter informs.
