The rush to develop further screen studio infrastructure in New Zealand has been disrupted by two studio facility projects collapsing in the past month.
Studio New Zealand, initially founded in 2009 to develop purpose-built screen industry facilities, has gone into liquidation owing NZ$1.35m (US$810,000) to creditors.
Elsewhere, Target3D New Zealand has halted development on a digital and motion capture studio in Queenstown.
