Annapurna Pictures, the indie production company-turned-film-distributor run by Megan Ellison, has reportedly been reeling a bit since the company lost money on all but one of its 2018 movies. A report last year claimed Annapurna was “reevaluating” its film division (a claim the company denied at the time), but now The Hollywood Reporter says Annapurna Pictures “has retained a law firm to explore bankruptcy protection”.
But there’s a chance things may not be quite as dire as they seem: Ellison herself sent out an email to her company’s staff addressing the company’s financial situation, and it doesn’t seem like she’s walking away with her tail between her legs. “I believe in what we make and have no intention of stopping any time soon,” she wrote. Read the highlights from the THR report and Ellison’s full letter to the company below. Read More »
Year after year, I hear cinephiles issue the same complaint: “Why aren’t there more original movies?” Why, film fans wonder, is the box office landscape littered with sequels, reboots and superhero movies? The answer is simple: when original movies do hit theaters, no one sees them. Case in point: Annapurna Pictures, one of the most original motion picture companies out there today, had a whole slew of great movies last year. And guess what? Every single one of them, except one, was a box office bomb.
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When Annapurna Pictures launched in 2011, it looked like it might be the savior of auteur-driven filmmaking. Founder Megan Ellison, the daughter of billionaire Larry Ellison, used her considerable fortune to immediately begin funding visionary auteur filmmakers who often had trouble finding financing in a blockbuster-heavy movie landscape, which resulted in some of the best movies of the past few years.
But things at Annapurna Pictures may be more dire than expected, and a new report says Ellison is “reevaluating” the company’s film division.
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Laika, the animation studio behind Coraline, ParaNorman, The Boxtrolls, and their most recent movie Kubo and the Two Strings, has teamed up with Megan Ellison‘s Annapurna Pictures for their untitled fifth film, currently being referred to as “Film Five.” Hugh Jackman, Zoe Saldana, and Zach Galifianakis will star, and ParaNorman director Chris Butler is at the helm. Read more about Laika’s next film below. Read More »
Posted on Wednesday, February 15th, 2017 by Angie Han
Hey, remember the complete and utter national meltdown that was the 2016 presidential election? Of course you do — it was only three and a half months ago, even if it feels like it was four lifetimes ago. Well, how would you like to relive that entire debacle as TV drama? Zero Dark Thirty writer Mark Boal and producer Megan Ellison are reportedly working on a project about last year’s events, to be released as an eight- to ten-hour miniseries. Read More »
We’ve got good news, everybody: Megan Ellison‘s production company, Annapurna Pictures, is now a distributor. The company was founded in 2011, and in the six years since its creation, they’ve been responsible for financing and producing some original and ambitious films, including Her, The Master, Spring Breakers, and most recently, 20th Century Women. Their newly launched distribution and marketing operation will first handle the release of director Kathryn Bigelow‘s “Untitled Detroit Project,” which comes out this August.
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Posted on Thursday, November 12th, 2015 by Angie Han
Richard Linklater‘s plans to direct Jennifer Lawrence in The Rosie Project didn’t pan out, so he’s turning his attention to another literary adaptation that’s been on his to-do list for a while. Linklater is moving forward on Where’d You Go, Bernadette?, with Cate Blanchett now in talks to play the title character. More on the possible Richard Linklater Cate Blanchett project after the jump. Read More »
It took a year for the vampire western A Girl Walks Home Alone at Night to really build momentum after its Sundance debut last year, but the debut feature from writer/director Ana Lily Amirpour has really made an impression on people now. We’ve talked about her as a director we’re very excited to watch going forward, and now we know Ana Lily Amirpour’s next film. She wrote and will direct The Bad Batch, a “dystopian love story set in Texas.” Even better, she’ll be backed by Vice and Megan Ellison’s Annapurna Pictures, the same team that was behind Spring Breakers. Read More »
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Richard Linklater is using the momentum he built with Before Midnight and Boyhood to finally move forward on That’s What I’m Talking About, the film that has been described as a “spiritual sequel” to Dazed & Confused. It’s not an actual sequel, but a 1980-set film that follows set of characters as they go to college. Now Megan Ellison has come on board as a producer, and Annapurna Pictures will partially back the project, with Paramount set to release it in the US. Read More »
Posted on Friday, July 11th, 2014 by Angie Han
Megan Ellison has been a huge boon to many an auteur-driven passion project over the past several years, and now she may be about to save another. Her Annapurna Pictures is reportedly in talks to finance Alejandro González Iñárritu‘s The Revenant, which is facing serious budgetary woes as backer Worldview Entertainment pulls out.
Also not helping matters from a financial standpoint is Iñárritu’s desire to shoot the film in sequence. But from a cinephile’s point of view, Iñárritu’s insistence on sticking to his guns is what makes The Revenant sound interesting. Not to mention the fact that Leonardo DiCaprio, Tom Hardy, and Will Poulter are all on board to star. Hit the jump for the details.
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