PracticeAuditTitanic director backs Peter Jackson in audit battle

Titanic director backs Peter Jackson in audit battle

Lord of the Rings director in legal battle with Hollywood studio

Peter Jackson, director of the
Lord of the
Rings
saga, has received support from fellow film maker James Cameron in his
legal battle with New Line Cinema over a
request for an audit of the trilogy.

Jackson filed a lawsuit in 2005 against New Line Cinema after it refused to
submit to an audit of the first Lord of the Rings movie. Jackson asked for the
audit to confirm his share of profits was correct.

Titanic director James
Cameron
, currently filming in New Zealand, told Premiere magazine that New
Line’s refusal to conduct an audit was ‘bizarre’.

Cameron said 20th Century Fox, which has backed his films for the past 20
years, ‘has always been very transparent financially. It’s almost automatic that
you do an audit’.

Further reading:

PwC partners gear up for Oscar fever

Tax credit changes lure back film producers

UK film companies win PBR tax breaks

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