www.awn.com/news/annapurna-pictures-headed-bankruptcy
Annapurna Pictures, the film production, distribution and financing company founded in 2011 by Megan Ellison, daughter of software giant Oracle’s billionaire founder, Larry Ellison, is reportedly attempting to restructure a $350 million credit line secured in 2017 that the company either has or is about to default on.
Megan’s brother, David Ellison, is also in the entertainment business, though by focusing on tentpole properties, has had a much more profitable go at it; he is the founder of Skydance Media, the producer of the recent Mission Impossible hits, the Terminator sequels and the upcoming Top Gun: Maverick starring Tom Cruise.
