All articles tagged with #megan ellison
Annapurna Pictures laid off about 30 employees—roughly 15% of its staff—citing changing market conditions as Megan Ellison realigns the company. Ellison remains CEO and has been rebuilding after years of near-dormancy and debt from its expansion, with Annapurna continuing to pursue film, gaming and live theatre ventures and having recently re-hired early architects of its success.
Annapurna, Megan Ellison’s independent banner, is cutting 30 positions as it realigns to shifting market conditions in Hollywood; the move follows years of pivots from prestige dramas toward interactive content and IP-driven projects, with leadership stressing that impacted employees will be supported during the transition and noting it’s unclear which division bore the brunt of the layoffs.
The Hollywood Reporter's annual Oscars Issue delves into the hoopla surrounding the Academy Awards, featuring a special exhibition of 11 leading artists' reinterpretations of the iconic Oscar statuette, Jimmy Kimmel discussing his plans for the Oscars, a brutally honest Oscar ballot, Sterling K. Brown's red carpet style, and debates on who will win versus who should win at the Oscars. The issue also covers the controversy surrounding the Oscar-winning song "Over the Rainbow," the return of producer Megan Ellison, and the best and worst places to display an Oscar statuette according to Feng Shui experts.
Megan Ellison, the founder of Annapurna Pictures, saved the animated movie "Nimona" after Disney planned to shutter Blue Sky Studios, which was set to release the film. The movie, with LGBTQ themes, faced obstacles and pushback from Disney, but Ellison backed the project, providing creative freedom and financial support. "Nimona" has received critical acclaim and an Oscar nomination, and Ellison's Annapurna Animation is now developing more original content.
Film producer Megan Ellison is selling her one-bedroom dome apartment located in the former New York Police Department headquarters turned luxury co-op at 240 Centre Street. The apartment, which features a nipple-shaped vault described as a dome "of lesser importance," is listed for $3.7 million and includes a wood-paneled shower, high-ceilinged kitchen, and sophisticated sound system. Ellison, known for her successful real estate flipping in Los Angeles, stands to make a net gain of $900,000 if she sells the apartment at the asking price, having purchased it in 2008.