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August 26, 2009 - Green Lantern / production may move from Australia

Scooped on Wednesday, August 26, 2009

The Green Lantern movie is in danger of pulling out of Australia. As first reported by Inside Film, what has changed is the escalating value of the Australian dollar versus its U.S. counterpart. The site reports that Warner Bros. is in discussions with the government of New South Wales to try and deeper the tax credits given to foreign film productions to get back $15 million to $25 million dollars that has vanished due to the rising value of the Australian dollar. At stake are about 500 local jobs.

Slashfilm reported the Inside Film story and has added additional speculation supplied by a source for the site stating that the production is looking at New Oreleans as a possible replacement location.

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