×
You will be redirected back to your article in seconds

Megan Ellison: Low-Profile Financier’s Films Netted a Massive 17 Noms

Megan Ellison, one of Hollywood’s newest power brokers, has already made an outsized impression. Over the past three years, Ellison has financed a baker’s dozen films that have garnered 35 Oscar nominations, including 17 on Thursday for films she helped finance: David O. Russell’s “American Hustle,” Spike Jonze’s “Her” and Wong Kar Wai’s “The Grandmaster.”

Daughter of Oracle CEO and billionaire Larry Ellison, the 27-year-old film producer and financier is part of a growing group of young entrepreneurs with deep pockets who are shifting the way Hollywood is bankrolling movies. Backing such high-risk, high-profile pictures as “Zero Dark Thirty” and “The Master” that were passed over by the major studio, has led Ellison and her company, Annapurna Pictures, to become among the most sought-after producers in the business.

Her mid-budgeted films, the $42 million “The Master,” the $45 million “Zero Dark Thirty” and the $40 million “American Hustle,” have collectively grossed over $290 million at the worldwide box office.

Ellison has also committed to resurrecting one of Hollywood’s most profitable film franchises, “The Terminator.” In 2012, she shelled out $20 million in order to secure the rights to future “Terminator” projects and star Arnold Schwarzenegger.

Writers and directors are also attracted to the young scion for her hands-off approach, championing auteur directors such as Jonze, Russell and Paul Thomas Anderson.

Her overwhelming wealth – her father’s net worth is $41 billion according to Forbes (making him the third-richest American behind Warren Buffett and Bill Gates) – is also a major attraction.

Although she has a sizable pocketbook, Ellison lacks a formal business education and dropped out of USC film school after less than a year. That doesn’t prevent her from single-handedly getting movies into production.

On Thursday, in the wake of the nominations announcement, the press-shy Ellison (who has never granted a personal interview) simply tweeted “17,” a bold but effective statement.

More Film

  • Jim Jarmusch in 'Carmine Street Guitars'

    Film Review: 'Carmine Street Guitars'

    “Carmine Street Guitars” is a one-of-a-kind documentary that exudes a gentle, homespun magic. It’s a no-fuss, 80-minute-long portrait of Rick Kelly, who builds and sells custom guitars out of a modest storefront on Carmine Street in New York’s Greenwich Village, and the film touches on obsessions that have been popping up, like fragrant weeds, in [...]

  • Missing Link Laika Studios

    ‘Missing Link’ Again Tops Studios’ TV Ad Spending

    In this week’s edition of the Variety Movie Commercial Tracker, powered by the TV ad measurement and attribution company iSpot.tv, Annapurna Pictures claims the top spot in spending for the second week in a row with “Missing Link.” Ads placed for the animated film had an estimated media value of $5.91 million through Sunday for [...]

  • Little Woods

    Film Review: 'Little Woods'

    So much of the recent political debate has focused on the United States’ southern border, and on the threat of illegal drugs and criminals filtering up through Mexico. But what of the north, where Americans traffic opiates and prescription pills from Canada across a border that runs nearly three times as long? “Little Woods” opens [...]

  • Beyonce's Netflix Deal Worth a Whopping

    Beyonce's Netflix Deal Worth a Whopping $60 Million (EXCLUSIVE)

    Netflix has become a destination for television visionaries like Shonda Rhimes and Ryan Murphy, with deals worth $100 million and $250 million, respectively, and top comedians like Chris Rock and Dave Chappelle ($40 million and $60 million, respectively). The streaming giant, which just announced it’s added nearly 10 million subscribers in Q1, is honing in [...]

  • Roman Polanski extradition

    Academy Responds to Roman Polanski: 'Procedures Were Fair and Reasonable'

    UPDATE: The Academy of Motion Picture Arts and Sciences has responded to a lawsuit from director Roman Polanski that claimed he was unfairly expelled from the organization behind the Oscars. “The procedures taken to expel Mr. Polanski were fair and reasonable. The Academy stands behind its decision as appropriate,” a spokesperson said. The Academy’s statement [...]

  • Lorraine Warren dead

    Lorraine Warren, Paranormal Investigator Who Inspired 'The Conjuring,' Dies at 92

    Lorraine Warren, paranormal investigator and demonologist whose life inspired franchises like “The Conjuring” and “The Amityville Horror,” has died. She was 92. Warren’s son-in-law Tony Spera confirmed the news. Spera said on Facebook, “She died peacefully in her sleep at home.” He continued, “She was a remarkable, loving, compassionate and giving soul. To quote Will [...]

More From Our Brands

Access exclusive content