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According to Stuff, the “Rings” production is estimated to lead to “51,000 nights spent in hotels, 76,000 car hires, and 29,000 truck and van hires…A separate Deloitte report said the production would help the screen sector add NZ$500 million to the economy by 2024.”
To put the $450-million price tag into perspective, note that Peter Jackson spent around $280 million to make the original “Lord of the Rings” trilogy. The follow-up “Hobbit” trilogy cost a reported $623 million.
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