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2 Aug 2025 14:59
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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 new era for Canterbury this men's NPC rugby season under incoming captain Cullen Grace More...

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


     Today's News

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

     Rugby League:
    Disappointment for the New Zealand Warriors and their fans at the last-gasp NRL defeat at home to the Dolphins last night 14:07

     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

     Rugby:
    Friends and foes for Wellington halfback Kyle Preston to do battle with in their NPC opener this afternoon against Canterbury 13:26

     Cricket:
    He's the last fit pace bowler standing for the Black Caps, ahead of the second and final test against Zimbabwe 13:16

     International:
    France's Maeva Squiban wins second straight Tour de France Femmes stage on final climb 13:07

     Motoring:
    Motorists travelling on State Highway 2 near the Waikato Expressway in Pokeno, are advised to expect delays, as emergency services respond to a nearby fire 12:26

     Rugby League:
    Warriors coach Andrew Webster insists his side can get their stumbling NRL campaign back on track 11:56

     Golf:
    Australia's Steph Kyriacou hits hole-in-one at Women's Open as Japan's Miyu Yamashita takes halfway lead 11:16

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