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"The Hobbit" Trilogy Becomes Most Expensive Production of All Time

Posted: October 23rd, 2014 by WorstPreviews.com Staff
"The Hobbit" Trilogy Becomes Most Expensive Production of All TimeSubmit Comment
According to financial documents published in New Zealand, Peter Jackson's "The Hobbit" trilogy has reached a total cost of over $745 million, becoming the most expensive film production of all time.

All three movies were shot back-to-back in a giant single production, generating the record amount of expenditure. The most expensive single film remains "Pirates of the Caribbean: At World's End," which cost around $300 million.

"The Hobbit" trilogy recouped about $120 million in tax breaks from the New Zealand government. The financial report only shows expenses through March of this year, which means that there could be further costs.

The third installment, called "The Hobbit: The Battle of the Five Armies" will hit theaters on December 17th, but the first two films grossed a total of $1.98 billion. If the trend continues, the entire trilogy will likely earn about $3 billion, making it very profitable for Warner Bros.

Source: The Guardian


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Displaying 16 comment(s) Profanity: Turn On
Minkοwski writes:
on October 23rd, 2014 at 7:10:52 AM

Three f*cking long CGI fest...no surprise....
Minkοwski writes:
on October 23rd, 2014 at 7:15:23 AM

Is it fair to compare three three-hour movies to other film productions? Maybe compare the cost of the movies to the world's energy supplies for a decade. Then you might have a fair comparison.
boogiel writes:
on October 23rd, 2014 at 7:39:20 AM

Of course it's more expensive, because everything was damn CGI! Moreover, it's also three times sh*ttier than LOTR, so how does that work?
BadChadB33 writes:
on October 23rd, 2014 at 8:39:56 AM

Well good for it.
Deaft0ne writes:
on October 23rd, 2014 at 9:22:07 AM

The first 2 have been great so far and this last one will be too. Since the cost breaks down to $250 mil per film then the ROI is solid.
Dark17 writes:
on October 23rd, 2014 at 9:32:20 AM

Can't wait for hobbit 3 in December.

Still hoping they get the rights for the silmarillion
Sleuth1989 writes:
on October 23rd, 2014 at 11:26:16 AM

Look I know everyone says this isn't as good as the LOTR but what did you expect? This isn't an end of the world epic like the original trilogy. This is a more personal story and a build-up to LOTR. That's why it looks more fun and not as serious. It's suppose to feel that way and if you view it as such these films are just as good as LOTR from a certain standpoint. Plus the 2nd one improved on the first one on so many levels so it looks like this third one will finish strong.
Tanman32123 writes:
on October 23rd, 2014 at 11:37:47 AM

I wonder how long after the 3rd before they ruin it with some original content. They're not going to let a billion dollar franchise die because they've got no more books to turn to movies.
synthetic1985 writes:
on October 23rd, 2014 at 1:51:33 PM

i'm excited...i know i know, not as good as LOTR, so yea whatever...Sleuth i'm on your side
Dark17 writes:
on October 23rd, 2014 at 2:38:56 PM

Any thoughts on whether or not they can or should obtain the rights to the silmarillion or any film rights for the children of illuvatar or Morgoth?

Melkor on the big screen would be pretty bad ass.
Ibleedjustfine writes:
on October 23rd, 2014 at 3:06:40 PM

I guess next up will be a reboot of the Lord of the Rings trilogy.
KillerCOck writes:
on October 23rd, 2014 at 7:33:35 PM

Spin offs are next.
Max Rockatansky Junior writes:
on October 23rd, 2014 at 8:14:54 PM

I'm kind of curious which costs more (re: the use of Computer Generated Images) - The Hobbit Trilogy or the Star Wars prequels ?
Max Rockatansky Junior writes:
on October 23rd, 2014 at 8:16:35 PM

The fact that the majority of these films are set in a country that gives them an incredible tax break WOULD help them towards the difference between the cost to make them and the amount of profit they get from international and domestic sells, etc.
Dark17 writes:
on October 23rd, 2014 at 8:23:23 PM

Any thoughts on whether or not they can or should obtain the rights to the silmarillion or any film rights for the children of illuvatar or Morgoth?

Melkor on the big screen would be pretty bad ass.
alleyg21 writes:
on October 23rd, 2014 at 9:21:56 PM

Nothing will ever come near LOTR FOTR but I've enjoyed all movies in The Hobbit franchise....CAN'T MO'f*ckIN WAIT!!

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