Biography:

Margaret Elizabeth "Megan" Ellison (born January 31, 1986) is an American film producer and founder of Annapurna Pictures.

Early life and education

Ellison was born in Santa Clara County, California. She is the daughter of billionaire Oracle Corporation CEO Larry Ellison and Barbara Boothe. She has one brother, film producer David Ellison. Ellison attended film school at the University of Southern California for one year.

Career

Ellison started out in the film business in 2006 when she contacted Katherine Brooks, the writer and director of Loving Annabelle, about investing in the filmmaker's next movie. The duo made plans for Waking Madison which told the story of a woman who tries to cure her multiple personality disorder by locking herself in a room without food for 30 days. Ellison financed the film that was reported to have a budget of $2 million. Principal photography took place in 2007. It screened at the Newport Beach Film Festival in 2011 and went straight to DVD in July of that year.

Ellison provided some financing for more movies in 2008 and 2009. The first was Main Street starring Colin Firth. It received little attention at film festivals and failed to gain general release. Passion Play, also made in 2009, got a release but fared poorly at the box office despite a well-known cast of popular actors. However, her investment in the Coen brothers western remake True Grit paid off as that movie found major commercial and critical success when released at the end of 2010.

After that, Ellison received access to much larger sums of money from her father for the production of more movies and partnered with Michael Benaroya to produce and cofinance the thriller Catch .44 starring Bruce Willis and Forest Whitaker, and John Hillcoat's Prohibition-era crime drama, Lawless. Around that same time, she began to collaborate with the Creative Artists Agency's film finance group headed by Roeg Sutherland and Micah Green.

She has since founded Annapurna Pictures, a company that plans to take a so-called "Silicon Valley" approach to filmmaking by investing in original, daring movies made by prestigious directors and screenwriters. Believing that risk-averse Hollywood studios have largely abandoned sophisticated dramas, period pieces, and auteur cinema, Annapurna Productions has released Paul Thomas Anderson's The Master, a period drama about a cult that resembles Scientology, starring Joaquin Phoenix and Philip Seymour Hoffman, and Zero Dark Thirty, an action-thriller about the killing of Osama bin Laden from writer Mark Boal and director Kathryn Bigelow, who made the Oscar-winning movie, The Hurt Locker.

Ellison is currently 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 2011, Ellison outbid Lionsgate for the rights to the Terminator franchise. In January 2014, Ellison removed Annapurna Productions from the reboot of the Terminator franchise.

In 2014, Ellison became the first woman and the fourth person to receive two best picture Academy Award nominations in the same year, which she received for her work on Her and American Hustle.

Tags: Megan Ellison Megan Ellison