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Amazon are making the world’s most expensive TV show – an adaptation of Lord of the Rings, with the New Zealand government underwriting 25% of the costs. In this month’s subscribercast I go through the documents on this deal, which is probably the biggest cultural subsidy ever. I discuss the technology partnerships that are part of the agreement, the propaganda effect of LOTR on New Zealand’s public image, and the negative, colonial influence of big budget Tolkien adaptations on the local film industry.

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