The Hobbit films now officially the most expensive ever made

Typically, production companies don’t release how much their films cost to make – not an exact figure, anyway. But when a secondary company was created to finance the Hobbit movies, most likely when the two films became a trilogy, their records were actually public. Thanks to The Associated Press who made the discovery, The Hobbit movies cost a combined $745 million. Yes, million. Of course, these are three movies we’re talking about, but when you think Avatar cost $400 million to make, it becomes clearer; these films are really, ridiculously expensive, and now officially take the top place of the most expensive productions of all time, above The Pirates of Caribbean trilogy ($650 million), and The Dark Knight trilogy ($610 million). It’s not surprising to think that director Peter Jackson, whose original The Lord of the Rings movies boosted the New Zealand economy, couldn’t get his hands on such a large amount of cash, and especially since The Hobbit: An Unexpected Journey took home over $1 billion worldwide (with The Hobbit: The Desolation of Smaug not far behind at $958 million), he makes more money than he puts in. And with The Hobbit: The Battle of The Five Armies coming out December, it looks set to make back even more. Do you think Jackson is making the most of the cash?

By Gary Green

Unabashed lover of Pitch Perfect. Also freelance film critic.

View all of Gary Green's posts.

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