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 aren’t thinking like a studio. The real question is: How much taxpayer money can Warner Bros. demand from the government of New Zealand to keep production there (rather than, say, in Australia or the Czech Republic)? That answer turns out to be about $120 million, plus the revision of New Zealand’s labor laws to forbid collective bargaining among film-production contractors, plus the passage of three-strikes Internet-disconnection laws for online copyright infringement, plus enthusiastic and, it turns out, illegal cooperation in the shutdown of the pirate-friendly digital storage site Megaupload and the arrest of its owner, Kim Dotcom.
If you were a NZ taxpayer, you might say that this is a reasonable deal, given all the jobs and such that The Hobbit will bring to your country. Nuh-uh.
The U.K. government found this out in 2005, when Warner Bros. threatened to move “Harry Potter” productions to the Czech Republic. The government of Gordon Brown caved in to studio demands and passed new subsidies. In 2009, New Zealand also gave in and now faces demands for more.
The worst part is that, for most of the wannabe Hollywoods, it’s bad economic policy on every level. The productions bring in mostly low-end, temporary jobs, while the high-end jobs remain in Hollywood or New York. Call it the Curse of Harry Potter.
Kill the Hobbit Subsidies to Save Regular Earth
Apple has rejected Spotify’s latest app for inclusion in the Ios App Store, citing its rules against app vendors processing their own payments; Apple requires software vendors to pay to use Apple’s own payment processor — which collects hefty commissions — in their apps.
Kelly O’Dwyer is a politician from the Australian Liberal Party who sent Twitter DMCA notices that shut down an account that compared her to Sophie Mirabella, another Liberal politician who lost her seat in a landslide in the last election.
The European Union is in the final stage of deciding on net neutrality, and as it stands their proposal contains major loopholes that threaten the open Internet in Europe and around the world. BEREC, the EU regulator, is holding a final public comment period that will end on July 18.
If you’ve got a coding career on your mind, few programming disciplines will take you farther than a commanding knowledge of the Python language, which is not to be mistaken for parseltongue. Its versatility and ease of use make it a go-to for any coding project…so master Python now with this all-inclusive all-level python programming course […]
The realm of web development is constantly evolving. New platforms, languages, and processes materialize all the time, so staying on top of all that innovation is a tall order.Whether you’re brushing up on new tricks, starting from scratch, or just looking to make your own website a little jazzier, Rob Percival’s new Complete Web Developer Course 2.0 (now […]
Folks used to rely on alarms to protect their home – and before that, the family dog. Now, anyone looking to guard their homes can choose from some high-tech options, including the Amaryllo iCamPRO FHD Home Security Camera (now just $219 in the Boing Boing Store).In fact, this 2015 CES “Best of Innovation” award-winner boasts so many features, it’s […]