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3 Aug 2025 13:28
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      Home > News > Business

    In a boom and bust industry, a film expert says it's not unexpected to see Weta FX propose staff cuts

    In a boom and bust industry, a film expert says it's not unexpected to see Weta FX propose staff cuts

    1 August 2025
    The Wellington based film and effects company confirmed changes to up to 100 roles, blaming sector challenges and project delays.

    Weta's involved in large overseas productions like Avatar and King Kong.

    Victoria University Film Professor Paul Wolffram says uncertainty in the US has lead to no money being put into film making, with large studios sitting empty.

    He says things have been difficult for a few years with the current political situation in the US - and may remain uncertain for the next two or three years.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     03 Aug: One in three New Zealanders are falling for online scams, and many are likely to keep it quiet out of shame
     02 Aug: Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs
     02 Aug: Hopes other nations could help make up the shortfall from the surprise US tariffs
     02 Aug: The stock markets have fallen as Donald Trump's sweeping tariffs come into force
     01 Aug: Christchuch Casino says it takes responsibility for major anti-money laundering failures
     01 Aug: The Finance Minister is disappointed to see the United States increase its planned tariff on New Zealand
     01 Aug: Piprahwa gems return to India after New Delhi threatens Sotheby's auction house with legal action
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    South Africa's warmed up for the women's Rugby World Cup by beating a Black Ferns XV 41-24 in Capetown More...

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    One in three New Zealanders are falling for online scams, and many are likely to keep it quiet out of shame More...


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