Disney accepts $21.6m to film sci-fi flick in Australia
SCI-FI blockbuster movie 20,000 Leagues Under The Sea will be shot in Australia after Walt Disney Studios accepted the $21.6 million carrot dangled in front of it by the Federal Government.
Prime Minister Julia Gillard and new Arts Minister Tony Burke predicted up to 2000 jobs would be created during the film's production.
Almost 1000 businesses will also be required to provide goods and services for the film.It will be the most expensive film shot in Australia.
"The filming of 20,000 Leagues Under the Sea will give Australian talent the opportunity to work with some of the best screen professionals in the business - both in front of the cameras and behind the scenes," Ms Gillard and Mr Burke said in a statement.
Former arts minister Simon Crean, who was sacked for his part in the failed leadership coup two weeks ago, played a significant role in securing the deal.
The $21.6 million incentive will be a one-off payment.While casting decisions are yet to be made for the David Fincher-directed film, Brad Pitt is thought to be the frontrunner for the lead role.
Locations are also still be finalised, although New South Wales and Queensland have been tipped as the likely winners from the deal.
The announcement comes after The Wolverine, starring Hugh Jackman, recently wrapped filming in Sydney.
That production created more than 1750 jobs, contracted more than 1027 Australian companies and generated $80 million of investment.