Peter Jackson's Wētā FX makes $82m loss

Peter Jackson's Wētā FX makes $82m loss
Peter Jackson is a major shareholder in the company, with his wife Fran Walsh. (Image: Getty)
Gregor Thompson
Filmmaking Wellington power couple Peter Jackson and Fran Walsh’s visual effects and animation outfit Wētā FX has made a loss for two years running.In annual earnings lodged with the Companies Office on Friday, Wētā FX made a total comprehensive loss of $82.1 million in the year to the end of March.Because the company reduced the cost of sales by 16% to $295m, Wētā FX losses improved from $106m in 2023 despite a 1.6% fall in revenue. Revenue fell by 13.5% in NZ to $320m, while income gener...

More Media

Spark bags $47m after accepting ‘low ball’ offer for Hutchison shares
Markets

Spark bags $47m after accepting ‘low ball’ offer for Hutchison shares

Spark has realised A$43 million (NZ$47m) from the sale of its 10% stake in Hutchison Telecommunications Australia (HTA) – after accepting an offer that a minority HTA shareholder called “lowball”.The telco said the transaction would close in July, with the funds used to reduce de...

Staff reporters 23 Jun 2025
Review: End of Summer Time by Roger Hall
The Life Free

Review: End of Summer Time by Roger Hall

It’s a fitting, funny, and unexpectedly moving production.

Dalaine Krige 22 Jun 2025
Steven Joyce, Jim Grenon join NZME board
Markets

Steven Joyce, Jim Grenon join NZME board

Joyce had 93% shareholder support, Grenon 86%.

Pattrick Smellie 03 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025