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2022-03-30

bye bye Cathie

Who Cares If Cathie Wood Sold All of Her Palantir Stock

2021-08-13

New Zealand is much better for the Lord of the ring setting

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The move has done little to hurt PLTR stock.</p><p>It always amuses me when the business media freak out because some big shot is selling a large number of shares in a particular company. In this instance,<i>Benzinga</i> reported on March 10 that Wood took her holdings in Palantir from well over 30 million shares in February down to zero in approximately 13 trades.</p><p>I say this all the time. Investors of every description sell for many reasons. They buy for one.</p><p>If you own Palantir, do not let Wood’s decision affect your view of the company. In the end, you could be right, and she could be wrong. It happens more often than you think.</p><p>Trust your gut. Do not listen to others. That includes me. Here’s why.</p><table><tbody><tr><td><b>PLTR</b></td><td>Palantir Technologies</td><td>$12.89</td></tr></tbody></table><p><b>PLTR Stock Was Less Than 3% of Ark Invest Assets</b></p><p>Wood’s biggest exchange traded fund (ETF) by assets is the <b>ARK Innovation ETF</b>(NYSEARCA:<b>ARKK</b>). It has a turnover rate of 71%. That’s not high by active standards, but it’s high enough. Stocks are going to get sacrificed in the name of better returns. Clearly, Wood felt there was a better place for the estimated $360 million ($12 x 30 million shares).</p><p>ARKK currently has $12.48 billion in total net assets. That means PLTR accounted for 2.9% of the ETF’s portfolio. So if Wood still held, it would be the 15th largest position. But, of course, we know that some of Wood’s other ETFs held Palantir stock, so it held an even less critical role within Ark Invest.</p><p>According to <i>WhaleWisdom</i>, Ark Invest held 35.3 million shares worth $642.5 million at the end of the fourth quarter. They accounted for 1.95% of the $33.1 billion listed on its latest 13F filing.</p><p>If Wood sold her entire position in <b>Tesla</b>(NASDAQ:<b>TSLA</b>), that would be an entirely different situation. Ark Invest has held TSLA since the fourth quarter of 2016. That’s more than 60 months ago or so. Palantir only becam ea public company 19 months ago. The level of commitment is entirely different.</p><p><b>The Proper Course of Action</b></p><p>My<i>InvestorPlace</i>colleague, Larry Ramer, recently said the following about Wood’s departure from Palantir:</p><blockquote>[F]unds managed by Cathie Wood, who for over a year was by far the most visible cheerleader for the company, have sold all of their PLTR stock. When a stock’s most famous bull throws in the towel on it, most investors are not going to want to own the shares for a long time</blockquote><p>Listen, Wood might have been vocal in her support for Palantir, but that’s her schtick. She gets out in front to support the stocks that she owns. I have no problem with cheerleading. She’s done a great job of defending Tesla over the years.</p><p>However, if you think that Wood holds a candle to Peter Thiel’s commitment to Palantir — he owns almost 164 million shares — you haven’t followed the company’s story very closely.</p><p>Like Wood selling Tesla, Thiel unloading Palantir would be a big deal. But, of course, he owns so much it might take him several years to unwind profitably.</p><p>Regular retail investors should pay little attention to what billionaires and money managers are selling and focus on what they’re buying. That’s what matters.</p><p>PLTR Stock Is a Buy for Those Not Easily Influenced</p><p>I would suggest that Palantir is not a stock you should own if you are influenced by what Cathie Wood is selling. She’s irrelevant to your investment decision.</p><p>Instead, it would be best if you were asking yourself why you bought it in the first place. If your thoughts about the company aren’t much different from when you first acquired its shares, you shouldn’t worry about what Cathie Wood is doing. Her interests are entirely different from yours.</p><p>In my last article about Palantir, I said that Palantir was an excellent long-term buy in the teens. It’s dropped 29 cents in the six weeks since. I don’t believe anything has changed about its business. Its sales are growing, but it needs to scale to profitability. I think it will.</p><p>Maybe Cathie Wood doesn’t and that’s why she sold. I couldn’t care less.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Who Cares If Cathie Wood Sold All of Her Palantir Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWho Cares If Cathie Wood Sold All of Her Palantir Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 19:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Investment Management fully exited its Palantir Technologies(PLTR) position in March.Cathie Wood’s firm held more than 30 million shares in early February.The portfolio manager’s exit should not ...</p>\n\n<a href=\"https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2022/03/pltr-stock-who-cares-cathie-wood-sold-all-of-her-palantir-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183502529","content_text":"Ark Investment Management fully exited its Palantir Technologies(PLTR) position in March.Cathie Wood’s firm held more than 30 million shares in early February.The portfolio manager’s exit should not influence your decision about the company.Source: Spyro the Dragon / Shutterstock.comIt’s been a couple of weeks since star portfolio manager Cathie Wood fully unwound her company’s position in big data analytics firm Palantir Technologies(NYSE:PLTR). The move has done little to hurt PLTR stock.It always amuses me when the business media freak out because some big shot is selling a large number of shares in a particular company. In this instance,Benzinga reported on March 10 that Wood took her holdings in Palantir from well over 30 million shares in February down to zero in approximately 13 trades.I say this all the time. Investors of every description sell for many reasons. They buy for one.If you own Palantir, do not let Wood’s decision affect your view of the company. In the end, you could be right, and she could be wrong. It happens more often than you think.Trust your gut. Do not listen to others. That includes me. Here’s why.PLTRPalantir Technologies$12.89PLTR Stock Was Less Than 3% of Ark Invest AssetsWood’s biggest exchange traded fund (ETF) by assets is the ARK Innovation ETF(NYSEARCA:ARKK). It has a turnover rate of 71%. That’s not high by active standards, but it’s high enough. Stocks are going to get sacrificed in the name of better returns. Clearly, Wood felt there was a better place for the estimated $360 million ($12 x 30 million shares).ARKK currently has $12.48 billion in total net assets. That means PLTR accounted for 2.9% of the ETF’s portfolio. So if Wood still held, it would be the 15th largest position. But, of course, we know that some of Wood’s other ETFs held Palantir stock, so it held an even less critical role within Ark Invest.According to WhaleWisdom, Ark Invest held 35.3 million shares worth $642.5 million at the end of the fourth quarter. They accounted for 1.95% of the $33.1 billion listed on its latest 13F filing.If Wood sold her entire position in Tesla(NASDAQ:TSLA), that would be an entirely different situation. Ark Invest has held TSLA since the fourth quarter of 2016. That’s more than 60 months ago or so. Palantir only becam ea public company 19 months ago. The level of commitment is entirely different.The Proper Course of ActionMyInvestorPlacecolleague, Larry Ramer, recently said the following about Wood’s departure from Palantir:[F]unds managed by Cathie Wood, who for over a year was by far the most visible cheerleader for the company, have sold all of their PLTR stock. When a stock’s most famous bull throws in the towel on it, most investors are not going to want to own the shares for a long timeListen, Wood might have been vocal in her support for Palantir, but that’s her schtick. She gets out in front to support the stocks that she owns. I have no problem with cheerleading. She’s done a great job of defending Tesla over the years.However, if you think that Wood holds a candle to Peter Thiel’s commitment to Palantir — he owns almost 164 million shares — you haven’t followed the company’s story very closely.Like Wood selling Tesla, Thiel unloading Palantir would be a big deal. But, of course, he owns so much it might take him several years to unwind profitably.Regular retail investors should pay little attention to what billionaires and money managers are selling and focus on what they’re buying. That’s what matters.PLTR Stock Is a Buy for Those Not Easily InfluencedI would suggest that Palantir is not a stock you should own if you are influenced by what Cathie Wood is selling. She’s irrelevant to your investment decision.Instead, it would be best if you were asking yourself why you bought it in the first place. If your thoughts about the company aren’t much different from when you first acquired its shares, you shouldn’t worry about what Cathie Wood is doing. Her interests are entirely different from yours.In my last article about Palantir, I said that Palantir was an excellent long-term buy in the teens. It’s dropped 29 cents in the six weeks since. I don’t believe anything has changed about its business. Its sales are growing, but it needs to scale to profitability. I think it will.Maybe Cathie Wood doesn’t and that’s why she sold. I couldn’t care less.","news_type":1},"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894639303,"gmtCreate":1628820419302,"gmtModify":1676529865244,"author":{"id":"4090578519974650","authorId":"4090578519974650","name":"RagnaSG","avatar":"https://static.tigerbbs.com/328983f6b45f003cf78aca1e1bc92573","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090578519974650","authorIdStr":"4090578519974650"},"themes":[],"htmlText":"New Zealand is much better for the Lord of the ring setting","listText":"New Zealand is much better for the Lord of the ring setting","text":"New Zealand is much better for the Lord of the ring setting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894639303","repostId":"2159261888","repostType":4,"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":894639303,"gmtCreate":1628820419302,"gmtModify":1676529865244,"author":{"id":"4090578519974650","authorId":"4090578519974650","name":"RagnaSG","avatar":"https://static.tigerbbs.com/328983f6b45f003cf78aca1e1bc92573","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090578519974650","authorIdStr":"4090578519974650"},"themes":[],"htmlText":"New Zealand is much better for the Lord of the ring setting","listText":"New Zealand is much better for the Lord of the ring setting","text":"New Zealand is much better for the Lord of the ring setting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894639303","repostId":"2159261888","repostType":4,"repost":{"id":"2159261888","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628818583,"share":"https://ttm.financial/m/news/2159261888?lang=&edition=fundamental","pubTime":"2021-08-13 09:36","market":"hk","language":"en","title":"Middle Earth is moving: Amazon shifts 'Lord of the Rings' series to UK","url":"https://stock-news.laohu8.com/highlight/detail?id=2159261888","media":"Reuters","summary":"WELLINGTON, Aug 13 (Reuters) - Amazon Studios has notified the New Zealand government that it will s","content":"<p>WELLINGTON, Aug 13 (Reuters) - Amazon Studios has notified the New Zealand government that it will shift the production of all future seasons of the \"Lord of the Rings\" television series to the United Kingdom, New Zealand said on Friday.</p>\n<p>New Zealand's mountains, meadows and forests were made famous by the \"The Lord of the Rings\" and the \"Hobbit\" film trilogies shot in the country by Oscar winning director Peter Jackson.</p>\n<p>The filming of Amazon's multi-million dollar TV series of the epic fantasy is currently underway in New Zealand, but the studio plans to move future filming to Britain, New Zealand's Economic Development Minister Stuart Nash said.</p>\n<p>\"The government was informed of the decision yesterday,\" Nash said in a statement, adding he was disappointed by the move.</p>\n<p>\"Amazon Studios advised that post-production work on Season One will continue in New Zealand till June 2022. However Season <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> will be filmed in the UK as part of a strategy by the studio to expand its production space and consolidate its footprint in the UK,\" he said.</p>\n<p>Amazon did not immediately respond to a request for comment.</p>\n<p>The TV version of \"The Lord of the Rings\" is scheduled to launch in September 2022, Amazon Studios said earlier this month.</p>\n<p>Amazon is spending about $465 million filming the first season of the show, according to the New Zealand government.</p>\n<p>An extra 5% incentive offered by New Zealand's Screen Production Grant in addition to a 20% grant the production already qualifies for will be withdrawn, Nash said.</p>\n<p>Amazon Studios is expected to make five seasons of the show, making it <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most expensive TV series ever.</p>\n<p>Amazon has said the first season would be available in more than 240 nations, with new episodes released weekly.</p>\n<p>The epic fantasy plot will take place thousands of years before the events narrated by writer J.R.R. Tolkien in his books \"The Hobbit\" and \"The Lord of the Rings.\" ($1 = 1.4284 New Zealand dollars)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Middle Earth is moving: Amazon shifts 'Lord of the Rings' series to UK</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMiddle Earth is moving: Amazon shifts 'Lord of the Rings' series to UK\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-13 09:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WELLINGTON, Aug 13 (Reuters) - Amazon Studios has notified the New Zealand government that it will shift the production of all future seasons of the \"Lord of the Rings\" television series to the United Kingdom, New Zealand said on Friday.</p>\n<p>New Zealand's mountains, meadows and forests were made famous by the \"The Lord of the Rings\" and the \"Hobbit\" film trilogies shot in the country by Oscar winning director Peter Jackson.</p>\n<p>The filming of Amazon's multi-million dollar TV series of the epic fantasy is currently underway in New Zealand, but the studio plans to move future filming to Britain, New Zealand's Economic Development Minister Stuart Nash said.</p>\n<p>\"The government was informed of the decision yesterday,\" Nash said in a statement, adding he was disappointed by the move.</p>\n<p>\"Amazon Studios advised that post-production work on Season One will continue in New Zealand till June 2022. However Season <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> will be filmed in the UK as part of a strategy by the studio to expand its production space and consolidate its footprint in the UK,\" he said.</p>\n<p>Amazon did not immediately respond to a request for comment.</p>\n<p>The TV version of \"The Lord of the Rings\" is scheduled to launch in September 2022, Amazon Studios said earlier this month.</p>\n<p>Amazon is spending about $465 million filming the first season of the show, according to the New Zealand government.</p>\n<p>An extra 5% incentive offered by New Zealand's Screen Production Grant in addition to a 20% grant the production already qualifies for will be withdrawn, Nash said.</p>\n<p>Amazon Studios is expected to make five seasons of the show, making it <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most expensive TV series ever.</p>\n<p>Amazon has said the first season would be available in more than 240 nations, with new episodes released weekly.</p>\n<p>The epic fantasy plot will take place thousands of years before the events narrated by writer J.R.R. Tolkien in his books \"The Hobbit\" and \"The Lord of the Rings.\" ($1 = 1.4284 New Zealand dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159261888","content_text":"WELLINGTON, Aug 13 (Reuters) - Amazon Studios has notified the New Zealand government that it will shift the production of all future seasons of the \"Lord of the Rings\" television series to the United Kingdom, New Zealand said on Friday.\nNew Zealand's mountains, meadows and forests were made famous by the \"The Lord of the Rings\" and the \"Hobbit\" film trilogies shot in the country by Oscar winning director Peter Jackson.\nThe filming of Amazon's multi-million dollar TV series of the epic fantasy is currently underway in New Zealand, but the studio plans to move future filming to Britain, New Zealand's Economic Development Minister Stuart Nash said.\n\"The government was informed of the decision yesterday,\" Nash said in a statement, adding he was disappointed by the move.\n\"Amazon Studios advised that post-production work on Season One will continue in New Zealand till June 2022. However Season Two will be filmed in the UK as part of a strategy by the studio to expand its production space and consolidate its footprint in the UK,\" he said.\nAmazon did not immediately respond to a request for comment.\nThe TV version of \"The Lord of the Rings\" is scheduled to launch in September 2022, Amazon Studios said earlier this month.\nAmazon is spending about $465 million filming the first season of the show, according to the New Zealand government.\nAn extra 5% incentive offered by New Zealand's Screen Production Grant in addition to a 20% grant the production already qualifies for will be withdrawn, Nash said.\nAmazon Studios is expected to make five seasons of the show, making it one of the most expensive TV series ever.\nAmazon has said the first season would be available in more than 240 nations, with new episodes released weekly.\nThe epic fantasy plot will take place thousands of years before the events narrated by writer J.R.R. Tolkien in his books \"The Hobbit\" and \"The Lord of the Rings.\" ($1 = 1.4284 New Zealand dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013030668,"gmtCreate":1648650929096,"gmtModify":1676534371607,"author":{"id":"4090578519974650","authorId":"4090578519974650","name":"RagnaSG","avatar":"https://static.tigerbbs.com/328983f6b45f003cf78aca1e1bc92573","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090578519974650","authorIdStr":"4090578519974650"},"themes":[],"htmlText":"bye bye Cathie&nbsp;","listText":"bye bye Cathie&nbsp;","text":"bye bye Cathie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013030668","repostId":"1183502529","repostType":2,"isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}