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7 Nov 2025 16:24
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      Home > News > Business

    Sir Peter Jackson's Weta FX has reported a net loss of more than 60 million dollars in its latest annual report - on the back of a 82 million dollar loss in 2024

    Sir Peter Jackson's Weta FX has reported a net loss of more than 60 million dollars in its latest annual report - on the back of a 82 million dollar loss in 2024


    It comes amid a company restructure, where one hundred staff are expected to lose their jobs.

    The Wellington based film company, which has worked on movies like King Kong, The Hobbit and Avatar, did grow its revenue to 478 million dollars for the 2025 year, compared with 430 million last year.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Nov: The Government hopes changes to the screen production rebate will lure more Hollywood productions to Kiwi shores
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     07 Nov: Our largest electricity gentailer is welcoming two major announcements for the energy sector
     07 Nov: The country's largest electricity "gentailer" is welcoming changes to the Government's 200-million dollar co-investment in gas
     06 Nov: Labour Weekend - and weather - played a big role in consumer spending in October
     06 Nov: Air New Zealand's changing its pet travelling rules - restricting crate-size limits for smaller aircraft on regional routes
     Top Stories

    RUGBY RUGBY
    The All Blacks will wear a white strip against Scotland in Sunday's Grand Slam test at Murrayfield in Edinburgh More...

    BUSINESS BUSINESS
    The Government hopes changes to the screen production rebate will lure more Hollywood productions to Kiwi shores More...


     Today's News

    		 Rugby:
    The All Blacks will wear a white strip against Scotland in Sunday's Grand Slam test at Murrayfield in Edinburgh  16:17

     Entertainment:
    Whitney Cummings is engaged to her partner Chris Cole but she's too "embarrassed" to talk about it 16:07

     Politics:
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     Health & Safety:
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     Rugby League:
    The future of rugby league in Australia, NZ and the Pacific is here – and it’s brown 16:07

     Law and Order:
    A Virginia jury's awarded 10-million US dollars to a 28-year-old former teacher shot by a six-year-old student 15:47

     Entertainment:
    A$AP Rocky is loving being a "girl dad" 15:37

     Law and Order:
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     Rugby League:
    Manly Sea Eagles great Daly Cherry-Evans has made history by jumping across to town to join the Sydney Roosters 15:37

     Rugby:
    Plans for a Super Rugby Pacific draft in the future remain at the discussion table 15:37

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