By Emma Jolliff
The Prime Minister has just wrapped up his visit to Hollywood, and he'll be glad there was no mention of Kim Dotcom on the final day.
While he says movie executives there think our 15 percent subsidy rate for foreign moviemakers is fair, he's not ruling out further concessions, which leaves some commentators asking whether that will cost New Zealand jobs.
For John Key, his visit to the US has been a who's who of Hollywood studios.
“Bob Iger at Disney, It's a massive corporation,” says Mr Key. “He runs Disney worldwide and sits on the board of Apple. Michael Brunton here at Sony, Barry Meyer at Warner Bros, they're serious players.”
But he can't say there's been any commitment to bring business to New Zealand.
Moviemakers receive 15 percent subsidies to make films in New Zealand, and the Prime Minister's not ruling out more incentives under the yet to be finalised Trans-Pacific Partnership.
“There are 11 countries sitting around the table to advance the trade agenda,” says Mr Key. “All of us will give a little bit and all of us will get a little.”
Hollywood executives have indicated a couple of sticking points.
“The television subsidies or some infrastructure around sound studios in New Zealand, they're probably the two things that are missing from their perspective,” says the Prime Minister.
Economic commentator Jane Kelsey told The Nation's Rachel Smalley the Government's being too secretive about its negotiations.
“These agreements have a history of closing the doors for our local innovation for our local industry – local jobs to get the advantages John Key is now promising to Hollywood,” she says.
But the New Zealand-US Council says there's good reason for confidentiality.
“Because there are very sensitive economic and commercial matters involved,” says Council executive director Steven Jacobi.
The New Zealand-US Council says stakeholders will have a chance to participate in the next TPPA negotiating round in Auckland in December.
But Ms Kelsey says that's not true and the closed-door negotiations mean we won't get to find out what's in the agreement until the deal is done.
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