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"Peter Jackson&amp;#039;s The Hobbit will become the most expensive feature film ever made, according to The Daily Telegraph. The two-part adaptation of J.R.R. Tolkien&amp;#039;s fantasy novel, starring Martin Freeman, Richard Armitage and Sir Ian McKellen, is said to be budgeted at $500 million (\u00C2\u00A3315 million). The alleged production cost dwarfs that of Jackson&amp;#039;s Lord Of The Rings trilogy, which took $281 million (\u00C2\u00A3177 million) to make. The third Pirates Of The Caribbean film, At World&amp;#039;s End, reportedly holds the current record for the costliest film, carrying a price tag of $300 million (\u00C2\u00A3190 million). The Hobbit is at the centre of an industrial row involving workers&amp;#039; pay conditions. More than 4,000 people rallied across cities in New Zealand earlier this week to stop the production moving abroad. &amp;gt; Click here to read our complete coverage of The Hobbit "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/movies/the-hobbit/news/a284304/the-hobbit-to-shatter-budget-record/>