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2 Aug 2025 17:46
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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
     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
     01 Aug: A Southland rail line is set to be mothballed - with KiwiRail ruling it's not worth investment, given the closure of the coal mine it services
     Top Stories

    RUGBY RUGBY
    A great start to the NPC for Canterbury ... but not such a good one for the champions More...

    BUSINESS BUSINESS
    Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs More...


     Today's News

    		 Rugby:
    A great start to the NPC for Canterbury ... but not such a good one for the champions 17:27

     Rugby:
    From a Super Rugby Pacific title to a Ranfurly Shield challenge for Northland first five Rivez Reihana 16:57

     International:
    Bangladesh will hold historic elections in 2026 but millions of its citizens will not be able to vote 16:37

     Rugby League:
    The New Zealand Warriors and their fans may be ruing last night's last-gasp NRL defeat at home to the Dolphins 16:26

     Swimming:
    Heartbreak for veteran New Zealand swimmer Laura Quilter at the World Aquatics Championships in Singapore - despite a victory in her heat 16:17

     Politics:
    The Prime Minister's funding more into healthcare, following a nurses union strikes earlier this week 15:26

     Rugby:
    The North American women's rugby derby has once again gone the way of Canada 14:56

     Entertainment:
    Baby born in US from an over-30-year-old embryo breaks record 14:17

     Rugby:
    A new era for Canterbury this men's NPC rugby season under incoming captain Cullen Grace 13:56

     Business:
    Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs 13:46

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