Movie Budget | Peter Jackson to Shoot ‘Hobbit’ on the RED – EPIC !

Director Peter Jackson (Lord of the Rings) will shoot two ‘The Hobbit’ movies on the new RED EPIC camera.   According to RED founder Jim Jannard, Jackson will use up to 30 of the yet released Red Epic cameras for 3-D versions of ‘The Hobbit’ and its sequel.   While clearly reducing the movie budget element for film and video as well, the use of the Red is a stunning development in placing the camera at the top of the movie production world in technology reduction in film budgets and utilization by the industry.   Shooting will take place in New Zealand following a major spat over actors unions and a massive effort by the government to lure Jackson to keep the film there due to the economic benefit.

The small size of the camera makes it extremely suitable for stereoscopic 3-D application in convenience for side by side mounting and lack of a need for tethered VTR’s as the camera is wire-free.    While the announcement is an astonishing development for large scale film production the news is especially significant for the cost lowering effect on the movie budget of independent filmmakers.