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The rise of Annapurna Pictures
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Author:  David [ Tue Sep 04, 2012 7:12 pm ]
Post subject:  The rise of Annapurna Pictures

Image

This is a new production company with a fantastic 2012 slate: Lawless, The Master, Killing Them Softly, and Zero Dark Thirty.

I found this New York Times article from last year. An interesting read:

Quote:
LOS ANGELES — Annapurna, a Hindu goddess of nourishment, has her name on a section of the Himalayas. Annapurna Pictures operates from a cluster of three multimillion-dollar homes in the Hollywood Hills.

Instead of a goddess, Annapurna Pictures has Megan Ellison, a 25-year-old scion of Silicon Valley, who over the last year or so has been feeding what may soon be hundreds of millions of dollars to the hungriest part of the movie business: the writers, producers, directors and stars who make sophisticated dramas and adventure films that are too risky for studios and their corporate owners.

At least six movies set for release in the coming months received substantial backing from Ms. Ellison and her company. They include “The Master,” a drama about a cult that resembles Scientology that stars Philip Seymour Hoffman and is being directed by Paul Thomas Anderson of “There Will Be Blood” fame. Another high-profile project, still untitled, tackles the killing of Osama bin Laden; it is being written and produced by Mark Boal and directed by Kathryn Bigelow, both Oscar winners for “The Hurt Locker.”

Earlier this year, Ms. Ellison bought the rights to the well-worn “Terminator” franchise for a reported $20 million. She is developing a film based on “The Boy Who Kicked the Hornet’s Nest,” an article about the WikiLeaks founder Julian Assange by the departing executive editor of The New York Times, Bill Keller.

In all, it is a remarkable surge for a young woman who earlier this year was such a minor player that her executive producer credit on Paramount’s “True Grit” almost escaped notice: One player on the eight-member producing team said he was unaware of her credit until last week.

But the jury is still very much out on Ms. Ellison, whose father, Lawrence J. Ellison, is the chief executive of Oracle. She is spending money in a particular corner of moviedom, and doing it with a spirit more akin to the freewheeling world of technology start-ups than a film industry entering its second century. But there have been plenty of outsiders — the Seagram heir Edgar Bronfman Jr., eBay’s Jeff Skoll and Microsoft’s Paul Allen — who have been frustrated when they tried to make waves in the movie business.

Ms. Ellison invested in “True Grit” with her 28-year-old brother, David, who last year raised about $350 million in equity and borrowed funds for his own film company, Skydance Productions.

Since then, she has grabbed the limelight by diving into complex — and sometimes expensive — films that might not exist without her backing. Meanwhile, David counts on an alliance with Paramount Pictures and hews closer to the mainstream, making bets on safer pictures like the forthcoming “Mission: Impossible — Ghost Protocol.”

“She has this grand vision; she wants to be the one-stop shop for filmmakers,” said Michael Benaroya, 30, a member of a Seattle real estate family who has joined Ms. Ellison in financing a thriller called “Catch .44” and “The Wettest County in the World,” a Prohibition-era crime drama, both of which still await release.

Ms. Ellison declined interview requests.

Friends and business associates describe her as shy, though not too shy to have reportedly posted on MySpace a photo of herself with the caption: “Drunk dialing Dad in Paris after 3 bottles of Dom.” Like her father and brother, Ms. Ellison is not a college graduate, though both she and David attended the University of Southern California’s School of Cinematic Arts (David is enrolled there, and planning to graduate, according to the school.)

But she is not without focus. A competitive equestrian, she trained on jumpers at the Wild Turkey Farm in Woodside, Calif. Seven years ago, Ms. Ellison rode in the North American Young Rider Championships.

According to an associate who spoke on the condition of anonymity to avoid conflict, Ms. Ellison has had unusually broad life experiences because of her father’s wealth. David Geffen, the DreamWorks co-founder and for a time the co-owner of a yacht with Mr. Ellison, is said to have been a longtime mentor. (Mr. Geffen did not respond to an e-mail query.) Ms. Ellison works with the Ziffren Brittenham law firm, an entertainment powerhouse that has represented both DreamWorks and her brother.

Her introduction to the film business began in 2006. Katherine Brooks, a writer and director of television programs and indie films, recalls Ms. Ellison contacting her via MySpace after the first showings of Ms. Brooks’s movie “Loving Annabelle,” about forbidden love between a teacher at a Catholic school for girls and her student. Out of the blue, Ms. Ellison, said she wanted to invest in Ms. Brooks’s next picture.

At a first meeting, Ms. Ellison “drove up on a Harley-Davidson, black-painted nails, this Pink Floyd shirt and jeans,” said Ms. Brooks, who spoke by telephone from New Orleans, where she now works. For a year, the two made plans for “Waking Madison,” about a woman who tries to cure her multiple personality disorder by locking herself in a room without food for 30 days.

Ms. Ellison wrote checks for a budget that was reported to be $2 million, though Ms. Brooks said she “didn’t want to know” what the film actually cost. Shot in 2007, it was shown at the Newport Beach Film Festival in May of this year, and was finally released on video in July.

Subsequent efforts didn’t fare much better. Ms. Ellison stepped in to help back another film, “Main Street,” featuring Colin Firth, that was shot two years ago in Durham, N.C., on a reported budget of $10 million. It floundered through festivals in Texas, Arizona and Indiana, and has yet to open in theaters. “Passion Play,” also shot in 2009, got a release but bombed. That film, a thriller about a down-and-out trumpeter, was packed with stars — Mickey Rourke, Megan Fox, Bill Murray — but took in extremely low box office receipts when released in May.

Two things changed Ms. Ellison’s fortunes. The first involved money. In the last year, according to associates, Ms. Ellison got access to much larger sums from her father. As recently as last summer, she had needed financing from Mr. Benaroya to help make “Catch .44” on a budget of just over $10 million. Six months later, their roles were reversed. Ms. Ellison, now fully funded, helped Mr. Benaroya rescue “The Wettest County in the World,” which had to begin shooting in February but required more cash than he had on hand.

“I wasn’t in a position to write a $26 million check,” Mr. Benaroya said.

The second change grew from a lesson in Hollywood dynamics. The Creative Artists Agency was the guide, working with Ms. Ellison not as a client, but as a well-heeled adjunct to the agency’s film finance group, headed by Roeg Sutherland and Micah Green.

In an initial sit-down, according to people who spoke on the condition of anonymity because the conversations were private, Ms. Ellison was asked: “Do you realize what you could have access to?” Her money and considerable verve could teach Hollywood something about taking creative chances, the agents argued. But it should be applied only to filmmakers in the top rank, precisely in a moment of need.

They soon connected her with Mr. Boal and Ms. Bigelow, who were struck by what Mr. Boal called her “Silicon Valley style” — a belief that there’s actually profit “in cool, as opposed to a more cynical view that there’s money in repeating what has already worked.”

Ms. Ellison paid for Mr. Boal’s purchase of the Julian Assange story and became a backer of the bin Laden movie. (Representative Peter T. King, who heads the House Homeland Security Committee, has questioned whether filmmakers have received classified information in preparing for the movie, which is set for release shortly before the presidential election. Mr. Boal and Ms. Bigelow have said the film, which will not portray Barack Obama on screen, has no political agenda.)

The director John Hillcoat, another Creative Artists client, is now finishing “The Wettest County in the World” in a postproduction facility inside one of those three hillside homes — the most expensive of them purchased for $13.8 million with a loan from Larry Ellison’s Octopus Holdings — that Ms. Ellison has been using as her quarters.

Indeed, virtually all of Ms. Ellison’s current projects have ties to Creative Artists. In some, like “Cogan’s Trade,” with Andrew Dominik as writer and director and Brad Pitt in a leading role, Ms. Ellison’s interest is largely financial. On others, like “The Master,” she is credited as a full producer. On those, she shares fully in decisions, though Mr. Benaroya and others who have worked with Ms. Ellison say she is generally supportive of directors, and inclined to reinforce rather than challenge their choices.

The next step, according to associates, will probably involve ventures in other culture-related businesses, but it is not clear which. Most, they say, will be meant to make a profit. A very few may be for fun, or to let her play patron of the arts.

But none, predicts Mr. Boal, will be reckless.

“She comes across as very casual,” he said. “But this is a woman with an endgame.”


http://www.nytimes.com/2011/08/29/busin ... ywood.html

Author:  David [ Tue Sep 04, 2012 7:39 pm ]
Post subject:  Re: The rise of Annapurna Pictures

The company does seem to represent a rich girl with an enormous safety net buying her way into a certain cool club.

It's still exciting, though.

Author:  trixster [ Tue Sep 04, 2012 7:40 pm ]
Post subject:  Re: The rise of Annapurna Pictures

I want to marry her. I don't even care what she looks like.

Author:  trixster [ Tue Sep 04, 2012 7:52 pm ]
Post subject:  Re: The rise of Annapurna Pictures

I ain't messing with no broke niggas.

Author:  jmovies [ Tue Sep 04, 2012 7:53 pm ]
Post subject:  Re: The rise of Annapurna Pictures

Magnus wrote:
Image

She's the one on the right obviously. Her bro is in the middle. And her bouss dad needs no introduction.


I'd give her a 6/10

Author:  Dr. Lecter [ Tue Sep 04, 2012 7:58 pm ]
Post subject:  Re: The rise of Annapurna Pictures

Magnus wrote:
Image

She's the one on the right obviously.


You don't say!

Author:  David [ Tue Sep 04, 2012 8:04 pm ]
Post subject:  Re: The rise of Annapurna Pictures

Stop saying "bouss." ;)

Author:  thompsoncory [ Wed Sep 05, 2012 12:24 am ]
Post subject:  Re: The rise of Annapurna Pictures

They just bought the increasingly bizarre-sounding Spring Breakers (the Selena Gomez/Vanessa Hudgens/James Franco black comedy) mere minutes after the first screening today in Venice. As it is film festival season right now I definitely wouldn't be surprised by the announcement of more acquisitions in the coming weeks.

Author:  David [ Wed Sep 05, 2012 12:36 am ]
Post subject:  Re: The rise of Annapurna Pictures

It would be exciting if they acquired Neil Jordan's Byzantium in Toronto.

Author:  BK [ Sun Sep 09, 2012 7:15 am ]
Post subject:  Re: The rise of Annapurna Pictures

Supporting the Master, Zero Dark Thirty, Lawless and Killing Them Softly is great but she did support Passion Play before and Main Street.

Of course I guess it's already described as a change in attitude but she would have lost $10m if she backed MS outright as I don't think they made any money and neither did Passion Play- and those movies were terrible apparently.

Now whilst the foursome might be great, I am not sure she will be making much money back as who knows how they'll do or rather how good a producer she is. Anyway, since she's a billionaire, go for it. I'd like to see these movie succeed.

But, it's not a from poor to riches story since, she's made of money and could support a Batman Vs SpiderMan franchise if she so wished. Acquiring Spring Breakers is dubious.

Author:  David [ Sun Sep 09, 2012 11:09 am ]
Post subject:  Re: The rise of Annapurna Pictures

Magnus wrote:
Image

She's the one on the right obviously. Her bro is in the middle. And her bouss dad needs no introduction.

I believe the woman pictured here might be the father's fourth wife.

Author:  David [ Sun Sep 09, 2012 1:48 pm ]
Post subject:  Re: The rise of Annapurna Pictures

This is her:

Image

Author:  David [ Sun Sep 09, 2012 1:52 pm ]
Post subject:  Re: The rise of Annapurna Pictures

Who does the fourth wife remind me of? Claire Forlani? Can't put my finger on it.

Author:  Magic Mike [ Sun Sep 09, 2012 4:42 pm ]
Post subject:  Re: The rise of Annapurna Pictures

David wrote:
This is her:

Image


The fourth wife was way more attractive. ;)

Author:  Dr. Lecter [ Sun Sep 09, 2012 8:27 pm ]
Post subject:  Re: The rise of Annapurna Pictures

Indeed, Mike.

Author:  MovieDude [ Tue Sep 11, 2012 11:57 am ]
Post subject:  Re: The rise of Annapurna Pictures

If she's down to finance PTA movies other executives shun such as The Master, she can look like whatever she wants. :thumbsup:

Author:  erikdean [ Tue Sep 11, 2012 1:20 pm ]
Post subject:  Re: The rise of Annapurna Pictures

She's like a slightly less lesbiany Clea Duvall.

Author:  _axiom [ Tue Sep 11, 2012 1:44 pm ]
Post subject:  Re: The rise of Annapurna Pictures

That logo is horrible. Like a production company for cheap horror movies.

Author:  Jiffy [ Tue Sep 11, 2012 6:44 pm ]
Post subject:  Re: The rise of Annapurna Pictures

She's cuter here:

Image

Image

Author:  Caius [ Fri Sep 14, 2012 12:17 am ]
Post subject:  Re: The rise of Annapurna Pictures

Magnus wrote:
i like to party.

An heiress drinking Bud Light? At least it wasn't Keystone.

Author:  Chippy [ Fri Sep 14, 2012 1:05 am ]
Post subject:  Re: The rise of Annapurna Pictures

This thread taught me that Magnus isn't picky.

Author:  Algren [ Mon Oct 29, 2012 10:53 pm ]
Post subject:  Re: The rise of Annapurna Pictures

Don't they have the rights to the Terminator franchise?

Author:  Magic Mike [ Tue Oct 30, 2012 12:45 am ]
Post subject:  Re: The rise of Annapurna Pictures

They're supposed to give Spring Breakers a limited run starting in December in hopes of scoring James Franco some award nominations. Apparently he's really good in it and the movie sounds much different than I expected, but I also think they're crazy if they think him or the film will be nominated for anything.

Author:  Shack [ Sun Dec 30, 2018 1:30 pm ]
Post subject:  Re: The rise of Annapurna Pictures

It was cool having a cinephile greenlighting films, but having all of their films lose money seems like a questionable business strategy long term

Author:  Magic Mike [ Sat Feb 02, 2019 10:26 pm ]
Post subject:  Re: The rise of Annapurna Pictures

They're the MoviePass of movie studios :P.

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