Warner Bros Says ‘Hobbit’ May Not Be Filmed in N.Z.

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Warner Bros Productions Ltd may move the $500 million “Hobbit” movie from New Zealand, a blow to the nation’s tourism and film industries made famous by the “Lord of the Rings” trilogy.

Prime Minister John Key plans to meet Warner executives next week in a bid to keep the two-film prequel to the Academy Award-winning trilogy in New Zealand, spokesman Kevin Taylor said in a telephone interview. The government may increase tax breaks for making movies, the New Zealand Herald reported.