With the 3D craze still going strong, a lot of studios are using big-ticket titles to take advantage of the fad. Sure, 3D movies are more expensive to make, but they also bring in more cash, which counterbalances the bigger budget that is required make a 3D movie.
Still, a filmmaker like Peter Jackson comes with a reputation that affords him a slightly bigger budget than many others. That extra wiggle room when it comes to the money aspect of a project allows him to do crazy stuff like film the entire movie on thirty of RED's RED EPIC cameras.
Posted by EPIC owner and founder Jim Jannard on the RED forums this past weekend, the news revealed that the Hobbit would be one of the first movies in the world to be shot on the new RED EPIC cameras. Peter Jackson plans to use at least 30 to shoot the 3D film.
The successor to RED's EPIC ONE camera, the RED EPIC is said to be perfect for shooting 3D movies because its low weight and compact size make it easy to fit two on each 3D rig. The RED EPIC has a 5K resolution, can shoot up to 120 frames per second and has a new HDRx mode for the highest dynamic range of any digital cinema camera.
"I'm not a scientist or mathematician, but the image Red produces has a much more filmic feel than most of the other digital formats," said Peter Jackson. We'd hope so for the kind of money you pay for this caliber of equipment; according to Gizmodo, a single rig costs $58,000. Yikes!