Entertainment
While Her Brother David Ellison Takes Over Paramount, Megan Ellison Is Quietly Building Something at Annapurna That Hollywood Should Be Very Nervous About…
After a landmark Sundance sale and two major new hires, the famously bold producer behind some of cinema’s most daring films is revving Annapurna’s engines again — and this time, insiders say, she is playing a longer, more strategic game than ever before.
In a town that cannot stop talking about David Ellison — the Skydance Media founder who completed his seismic takeover of Paramount Pictures and immediately became Hollywood’s most discussed power broker — it would be easy to overlook what his sister is doing.
That would be a mistake.
Megan Ellison, the founder and driving force behind Annapurna Pictures, is hiring. She is reorganizing. She is, by all available evidence, preparing to make a serious and sustained run at the kind of cinematic ambition that once made Annapurna the most exciting independent production company in the business — and then some.
This is not a pivot. It is not a reinvention. It is, if anything, a return — but a return with sharper tools, harder-won experience, and a clearer strategic vision than the one that launched the company in its first extraordinary chapter.
Who Is Megan Ellison — And Why Does She Matter?
To understand what is happening at Annapurna Pictures right now, you need to understand what Megan Ellison has already done — because the story of what she built in the company’s first decade is one of the most genuinely remarkable in modern Hollywood.
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Ellison is the daughter of Larry Ellison, the Oracle co-founder whose personal fortune has consistently placed him among the wealthiest individuals on the planet. She could have done anything with that inheritance. She chose cinema — not the comfortable, commercially safe kind, but the fiercely ambitious, director-driven, risk-embracing kind that major studios had largely stopped funding.
She founded Annapurna Pictures in 2011 and immediately began writing checks for films that nobody else would finance. The Master by Paul Thomas Anderson. Zero Dark Thirty and Detroit by Kathryn Bigelow. Her by Spike Jonze. American Hustle by David O. Russell. Inherent Vice. Phantom Thread.
The list reads like a syllabus for a masterclass in contemporary American cinema. And Megan Ellison made it happen — not by chasing commercial formulas or following trends, but by backing filmmakers she believed in at the level of artistic vision and then largely getting out of their way.
She won an Academy Award for Best Picture as a producer on Her. She earned additional nominations. She became, in a relatively short space of time, one of the most respected producers in an industry that does not hand that status out easily.
The Turbulence — and the Sundance Comeback
The years that followed were not without difficulty. Annapurna navigated a period of significant financial restructuring that generated considerable industry gossip and no shortage of premature obituaries from people who should have known better than to count Megan Ellison out.
The company diversified — into Annapurna Television, into theatrical releasing, into interactive entertainment. Some moves worked brilliantly. Others were more complicated. The overhead of running a fully vertically integrated entertainment company, it turned out, was considerable — even with substantial personal resources behind it.

And then came Sundance.
Earlier this year, Annapurna arrived at the Sundance Film Festival and delivered what insiders have described as a splashy, confident, statement-making sale — the kind of acquisition that signals not just commercial competence but genuine creative authority. The kind of move that makes other buyers in a room recalibrate their understanding of who they are competing against.
It was, by any reading, a declaration. Megan Ellison and Annapurna were back in the conversation. Not limping back. Walking back — with purpose.
The New Hires That Signal Serious Intent
But declarations need infrastructure. And this is where the current chapter gets genuinely interesting.
Megan Ellison has hired Chelsea Barnard and Matthew Budman as co-heads of film at Annapurna — a dual appointment that speaks volumes about the structure she is building and the ambitions she is pursuing.
Chelsea Barnard brings to the role a reputation as one of the sharper creative executives working in independent film — someone with genuine taste, strong filmmaker relationships, and the particular skill of identifying material early, before the rest of the industry has caught up. In a business where everyone is competing for the same small pool of genuinely exceptional projects, that quality of early recognition is worth more than almost any other professional attribute.
Matthew Budman brings complementary strengths — a background that balances creative development with the practical, structural intelligence required to run a production slate at serious scale. The combination of Barnard and Budman as co-heads suggests Ellison is not simply hiring talent — she is deliberately constructing a leadership team designed to function as a coherent unit, with complementary skills rather than duplicated ones.
This is, in the language of Hollywood organizational design, a sophisticated move. It distributes authority in a way that prevents the single points of failure that have destabilized other ambitious independents. It creates internal creative dialogue — the productive tension of two talented people who see the world slightly differently but are working toward the same goal.
And it signals, unambiguously, that Annapurna is gearing up for volume — for the kind of active, ambitious development slate that requires real leadership depth rather than a single executive stretched across too many projects.
The Ellison Siblings and Hollywood’s New Power Map
It is impossible to discuss Megan Ellison‘s current moves without at least acknowledging the broader Ellison family context — because the dynamic between the two siblings has become one of the more fascinating subplots in the current Hollywood power landscape.
David Ellison — described in industry circles as Hollywood’s resident mergers and acquisitions king — completed his Skydance–Paramount merger after months of complicated negotiations and public controversy, emerging as the controlling force behind one of the oldest and most storied studios in the history of American cinema.
His approach to Paramount has been, broadly speaking, that of a businessman with genuine Hollywood ambitions — someone who understands the commercial mechanics of the studio system and intends to run them efficiently while also producing films that matter culturally.
Megan Ellison‘s approach has always been different — more personal, more director-driven, more willing to accept commercial uncertainty in exchange for artistic distinction. She has never been interested in running a studio the way studios have traditionally been run. She has been interested in backing the kind of filmmakers who push the form forward, even when — especially when — the commercial logic is unclear.
The two Ellisons are not in competition. Their ambitions occupy different parts of the ecosystem. But together, they represent something genuinely interesting: a single family whose combined footprint now spans both the old-guard studio system and the independent production space that has historically served as its creative conscience.
What Annapurna’s Next Chapter Could Look Like
Based on everything currently visible — the Sundance sale, the co-head appointments, the quiet but unmistakable energy around the company’s development activities — the outlines of Annapurna‘s next chapter are beginning to take shape.
Expect a renewed focus on director-driven cinema — the kind of ambitious, auteur-led projects that defined the company’s first golden era and that remain genuinely underserved in the current marketplace, where streaming economics have pushed most major studios toward franchise properties and away from the mid-budget prestige drama that Annapurna has always done best.
Expect a more structured approach to development and production — with Barnard and Budman in place to build a slate with genuine depth, rather than the more opportunistic, deal-by-deal approach that characterized some of the company’s more turbulent periods.
And expect Megan Ellison herself to remain what she has always been at the center of the enterprise: the person whose taste, whose instincts, and whose genuine love of cinema — not as a business but as an art form — sets the tone for everything the company touches.
The filmmakers who have worked with her over the years — Paul Thomas Anderson, Spike Jonze, Kathryn Bigelow and others — have spoken consistently about one quality that distinguishes Ellison from other producers with comparable resources: she actually cares about the work itself.
In an industry that frequently treats film as a delivery vehicle for intellectual property and franchise extensions, that quality — simple, almost old-fashioned — remains genuinely rare. And genuinely powerful.
Hollywood, Take Notice
The entertainment industry has spent the past two years obsessively focused on David Ellison and what his Paramount stewardship means for the future of the traditional studio system.
It might want to start paying equal attention to what his sister is building a few miles away on her own terms, at her own pace, with her own vision — and with a track record that, measured purely by the quality and cultural endurance of what she has put on screen, is arguably the more impressive of the two.
Megan Ellison is hiring. Annapurna is building. And if the past is any guide to the future, the films that result from this particular rebuild are going to remind everyone — again — exactly why this company matters.
Watch this space. Closely.
Entertainment
Oscars New Rules Spark Debate: Academy Cracks Down on AI While Expanding Global Opportunities… Hollywood Reacts
As artificial intelligence sparks debate across the film industry, the Academy introduces new rules while expanding opportunities in international and acting categories.
In a move that could redefine the future of cinema’s most prestigious awards, the Academy of Motion Picture Arts and Sciences—the body behind the Academy Awards—has announced a significant update to its rules.
At the center of these changes lies a delicate balancing act: embracing global storytelling and evolving talent, while drawing a firm line on how artificial intelligence is used in filmmaking.
It’s a decision that reflects not just policy—but a deeper anxiety and excitement about where Hollywood is heading next.
AI in Hollywood: Innovation Meets Resistance
Artificial intelligence has been quietly transforming the way films are made—from editing and visual effects to voice replication and script assistance. But with that rise comes concern.
The Academy’s latest guidelines aim to regulate the use of AI in eligible films, ensuring that human creativity remains at the heart of storytelling.
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While the organization has not outright banned AI, it has made it clear: films overly reliant on AI-generated content may face stricter scrutiny during the awards process.
This comes amid growing debates across the industry, including discussions led by guilds like the Writers Guild of America, which has previously raised concerns about AI replacing creative professionals.
Even acclaimed filmmakers such as Christopher Nolan have voiced skepticism about overdependence on technology, emphasizing that storytelling must remain a deeply human craft.
A Bigger Stage for Global Cinema
While the Academy is tightening its stance on AI, it is simultaneously expanding its embrace of international cinema.
The international feature category is expected to see broader inclusion, reflecting the growing influence of global storytelling. Films from countries outside traditional Hollywood powerhouses are increasingly capturing attention—not just from audiences, but from critics and award bodies.
Streaming platforms like Netflix have played a key role in this shift, making international content more accessible than ever before.
From Korean dramas to European arthouse films, audiences are no longer confined by geography—and the Academy is clearly taking note.
Acting Categories Under the Spotlight
Another significant development is the Academy’s renewed focus on acting categories.
Discussions around inclusivity, diversity, and fair representation have pushed the organization to rethink how performances are evaluated and recognized.
While details continue to evolve, insiders suggest that these changes aim to create a more level playing field—one that acknowledges a wider range of performances across genres, languages, and cultural contexts.
It’s a move that could reshape career trajectories for actors worldwide, offering opportunities that were once limited to a narrow segment of the industry.

The Industry Reacts
Reactions to the Academy’s announcement have been mixed—but deeply engaged.
Some see the AI crackdown as necessary, a way to preserve the integrity of filmmaking. Others worry it could slow innovation or create ambiguity around what qualifies as “acceptable” use of technology.
At the same time, the expansion of international and acting categories has been widely welcomed. Many believe it signals a long-overdue recognition of the global nature of cinema.
Major studios, including Disney, are likely to adapt quickly, recalibrating their strategies to align with the new rules.
A Turning Point for the Oscars
For decades, the Academy Awards have been both a reflection of the industry and a force that shapes it.
This latest move suggests the Academy is trying to do both—protect the essence of filmmaking while acknowledging the inevitability of change.
It’s not an easy task.
Technology is evolving faster than ever, and audiences are demanding more diverse, inclusive, and innovative content. Navigating these expectations requires more than just rule changes—it requires vision.
What Happens Next?
The real impact of these changes will only become clear in the coming awards seasons.
Will filmmakers scale back their use of AI to stay within the Academy’s guidelines?
Will international films gain even greater recognition on the global stage?
And will new voices finally get the spotlight they deserve?
For now, one thing is certain: the Oscars are no longer just about celebrating the past—they are actively shaping the future.
And as Hollywood stands at this crossroads, the decisions made today could define what cinema looks like for decades to come.
Entertainment
“60 Percent Tax Break to Save Hollywood?” Steve Hilton’s Bold Governor Plan Sparks Big Industry Debate
Media personality Steve Hilton outlines an aggressive film tax credit proposal that could reshape Hollywood’s future—if he makes it to office.
In a time when Hollywood is grappling with rising costs, production slowdowns, and fierce global competition, a bold new proposal has entered the conversation—and it’s turning heads.
Steve Hilton, a former political advisor and media personality, has floated an ambitious idea: if elected governor, he would push for a film tax credit of up to 60 percent to revive the struggling entertainment industry.
It’s a proposal that sounds almost too good to be true—and that’s exactly why it’s sparking debate across Hollywood.
A Lifeline for a Struggling Industry?
Hollywood, once the undisputed center of global filmmaking, has been facing increasing pressure in recent years. Productions are moving to other states and countries offering better financial incentives, leaving California scrambling to stay competitive.
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Hilton’s proposal aims to change that dramatically.
By offering a tax credit as high as 60 percent, he believes studios would have a powerful reason to bring productions back to California. The goal is simple: make Hollywood not just culturally dominant, but financially irresistible again.
And in an industry where budgets can stretch into hundreds of millions, even a small percentage shift can mean everything.
Why This Proposal Matters Now
The timing of Hilton’s pitch is no coincidence. The entertainment industry is still recovering from multiple disruptions—pandemic delays, labor strikes, and shifting audience habits due to streaming platforms.
Companies like Netflix and Disney have expanded production globally, often choosing locations where incentives are more attractive.
This has led to a slow but noticeable migration away from traditional Hollywood hubs.
Hilton’s plan, in essence, is an attempt to reverse that trend.
A High-Risk, High-Reward Strategy
While the idea of a 60 percent tax credit sounds appealing to studios, it raises significant questions.

Critics argue that such a generous incentive could come at a massive cost to taxpayers. Would the economic boost from increased production truly offset the loss in tax revenue? That’s the billion-dollar question policymakers would need to answer.
Supporters, on the other hand, see it as a necessary gamble.
They argue that without bold action, Hollywood risks losing its competitive edge permanently. In that context, Hilton’s proposal isn’t just ambitious—it’s urgent.
The Politics Behind the Proposal
Of course, this isn’t just about economics—it’s also about politics.
As Hilton positions himself for a potential run at governor, proposals like this serve a dual purpose: addressing real industry concerns while also capturing public attention.
By aligning himself with Hollywood’s revival, he taps into a narrative that resonates not just with industry insiders, but with millions whose livelihoods depend on film and television production.
Can Hollywood Be “Saved”?
That’s the question at the heart of this debate.
Is Hollywood truly in danger, or simply evolving with the times? And if intervention is needed, is a massive tax credit the right solution?
There’s no easy answer.
What’s clear, however, is that the conversation is far from over. Hilton’s proposal has already succeeded in doing one thing—forcing the industry, policymakers, and audiences to rethink what the future of Hollywood should look like.
Final Thoughts
Big ideas often come with big risks. Steve Hilton’s proposed 60 percent tax credit is no exception.
If implemented, it could redefine how and where movies are made. If rejected, it may still leave a lasting impact by pushing the conversation forward.
Either way, one thing is certain—Hollywood’s future is being written right now, and everyone is watching.
Entertainment
“The Devil Returns… But Is It Still Fashionably Fierce?” Early Reactions to Prada Sequel Surprise Fans
Nearly two decades later, Anne Hathaway, Meryl Streep, Emily Blunt, and Stanley Tucci reunite—but critics are divided on whether the magic still exists.
When The Devil Wears Prada first hit theaters in 2006, it didn’t just become a hit—it became a cultural moment. From iconic dialogues to unforgettable performances, the film carved its place in pop culture history.
Now, almost 20 years later, the much-anticipated sequel is finally here.
With Anne Hathaway, Meryl Streep, Emily Blunt, and Stanley Tucci returning to reprise their roles, expectations couldn’t be higher. But as early reviews start rolling in, one question dominates the conversation: does the sequel live up to its legendary predecessor?
A Return to a Very Different World
The original film captured the chaos and glamour of the fashion magazine industry at its peak. This time around, the sequel shifts its focus to a drastically evolved landscape—one shaped by social media, digital publishing, and the decline of traditional print.
It’s a smart move. After all, the world of fashion—and media itself—has changed dramatically over the past two decades. But adapting to this new reality is also where the film faces its biggest challenge.
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Meryl Streep Still Commands the Screen
If there’s one thing critics seem to agree on, it’s this: Meryl Streep hasn’t lost an ounce of her commanding presence.
Her portrayal of Miranda Priestly remains as sharp, intimidating, and captivating as ever. Every glance, every pause, every line delivery reminds audiences why the character became iconic in the first place.
In many ways, she is still the heart of the story.
Anne Hathaway’s Evolution Feels Real—But Subtle
Anne Hathaway’s Andy Sachs is no longer the wide-eyed assistant trying to survive her first job. She’s grown, evolved, and adapted to the changing media landscape.
However, some critics feel that her character arc lacks the emotional punch that made her journey in the original film so compelling. It’s not that the performance is weak—it’s that the stakes don’t always feel as high.
Emily Blunt and Stanley Tucci Bring Back the Charm
Emily Blunt slips effortlessly back into her role, delivering the same biting wit fans loved the first time around. Meanwhile, Stanley Tucci continues to provide warmth and balance, grounding the story with his understated performance.
Their chemistry with the rest of the cast remains one of the film’s strongest assets.
Style Meets Substance… Or Does It?
Visually, the sequel doesn’t disappoint. The fashion is bold, modern, and reflective of today’s trends. The film clearly understands its aesthetic roots.
But while it looks stunning, some critics argue that it struggles to match the narrative depth of the original. The sharp satire that once defined the story feels softened, replaced by a more reflective—but less impactful—tone.

The Weight of Expectations
Sequels are always tricky, especially when the original holds such a strong legacy. In this case, the challenge isn’t just to tell a good story—it’s to justify its own existence.
And that’s where opinions begin to split.
Some see the sequel as a thoughtful update, capturing how much the world has changed. Others view it as a nostalgic return that doesn’t quite recapture the original’s magic.
Final Verdict
So, is The Devil Wears Prada 2 worth the wait?
The answer depends on what you’re looking for.
If you’re hoping to relive the exact spark of the original, you might find yourself slightly disappointed. But if you’re open to seeing these beloved characters navigate a new era, there’s still plenty to enjoy.
One thing is certain—the devil may wear Prada, but this time, she’s walking a much more complicated runway.
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