The Hobbit: The Desolation of Smaug

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The Hobbit Trilogy Has Cost $561 Million Thus Far

Double the amount spent on The Lord of the Rings trilogy.

October 6, 2013
by Lucy O'Brien

Peter Jackson's Hobbit Trilogy has cost a staggering US$561 million to make so far; double the amount spent on his Lord of The Rings trilogy.

According to Variety, financial documents filed online by New Zealand’s Companies Office stated that production on the trilogy had cost NZ$676 million, which converts to US$561 million at current exchange rates. It's a figure that will likely escalate: while it covers the major 266 days of filming completed last year, it doesn't factor in the series of pick-up shoots completed in Wellington, New Zealand this year, as well as any further postproduction costs as Jackson and his team complete the final two movies.

While the figure may sound bloated, Jackson's trilogy will still make a profit. The Hobbit: An Unexpected Journey alone has grossed over $1 billion worldwide, with the two sequels yet to release. It's also important to note that things simply cost more today than they did in 1999, when The Lord of The Rings trilogy began filming.

Variety noted that Jackson's somewhat controversial decision to shoot in both 3D and 48 frames per second (over the standard 24) added "significant expense" to the production budget.

The Hobbit: The Desolation of Smaug is due out in December, while The Hobbit: There and Back Again will release December 2014.
 
Yeah the Cave troll is bulkier then the balrog but still around the same size, i cant see my self ever selling them i think they are the best weta did.
 
I got a Gollum today at Hallmark but they wouldn't sell me 2 and Mom wasn't with me. Sorry Josh!
 
I took on page 7 when Bilbo is holding up the ring as a sign that he's afraid of what he saw /heard when he put it on Felt Sauron/Spider speak. maybe he threw it away after feeling the evil?. and picked it up because of the possesion taking place...who knows
 
I even bet Bilbo finds and puts the Arkenstone in his pocket in this one...maybe at the very end of the film
 
Probably just a little bit before the movie comes out. I think I got my AUJ OST like a week or so before the movie.
 
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