John Key, Prime Minister of New Zealand, says that he is not overly confident that The Hobbit movies will be made in New Zealand. Mr Key, along with government ministers, met today with with representatives from Warner Brothers and New Line. Mr Key said that; “industrial laws and other economic issues will be considered over the next day or two…There’s a big gap economically between what’s on the table and unfortunately we can’t put back together those pieces that have been broken but we’ll do our best”.

Mr Key believes that the studios will decide by the end of this week as to where the movies will be made. You can read the full story and watch video footage at

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