NZ wins commitment from Lightstorm, Twentieth Century Fox for 3 Avatar movies

Sun, 15 Dec 2013

Dec. 16 (BusinessDesk) – The government has won commitment from Lightsource Entertainment and Twentieth century Fox Film Corp to make three Avatar movies in New Zealand after signing an accord that would give the movie companies access ton increased production rebates. The Avatar films will qualify for a full rebate of 25 percent provided the production meets terms of a memorandum of understanding signed with the government. They include spending at least $500 million in New Zealand, ensuring employment for locals, hosting at least one red ca...

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