Ellison Leads Hollywood’s New Wave of Producers

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Jan. 16 (Bloomberg) -- Bloomberg senior west Coast correspondent Jon Erlichman discusses the changing nature of film funding in Hollywood and the success of producer Megan Ellison on Bloomberg Television’s “Market Makers.”

Of the ones we will talk about the most is the one we have been talking about, making allison, the daughter of the oracle billionaire larry ellison.

She had a big night at the golden globes.

She has got two films in the best picture nominee, "her" and american hustle.

This gets you an important point about how hollywood is financed.

A decade ago, a lot of hedge funds came to town to put money in movies, not big lock busters, not the tiniest films, the ones where it may be there is upside.

There are a lot of deep-pocketed players relied upon to make these reward type movies.

That is the kind of stuff megan ellison is financing.

How the terms changed?

Film financed is traditionally a horrible money trap.

Getting that money, even if it is a blockbuster film, it is hard.

It usually involve lawsuits, asked on auditors, has it changed?

I would say it has -- the cycle continues.

A lot of investors left town with a bad taste in her mouth.

You have got people like megan ellison, some interest in going overseas for some global capital.

Reliance out of india.

A lot of citians -- a lot of studios doing deals where they sell the rights of overseas before they make the picture to make it a safer bet.

The great thing about the ellison story, her brother is also in this business.

He is making big-budget films.

Is the difference that they are investing in one single film but they are getting behind?

Traditionally, you might love one deal on the next thing you know -- she does a lot.

Megan ellison, you know her record, jon.

She did "zero dark thirty." but the investment in a single move a. did she invest in 10 films or just "zero dark thirty." is it that she is getting behind one film at a time?

Both models exist.

As a wealthy person, megan ellison can pick specific films in need of certain finances, she is not tied to one horse.

As erik mentioned.

Before we run out -- that is what i wanted to ask, she was 24 years old when she backed "true grit/," great film whose money is she playing with?

I don't want to know take anything away, isn't all that is money or has she been able to turn herself into a businessman and raise money?

Not her dad's money, it is her money.

At 24 years old?

At 18 years old, he could have said it is your money.

Is easier than going the traditional route.

This is the argument about the silver spoon.

She got the money from her dad for nothing.

It is a lot easier to make these decisions when it is a no risk proposition because you are not losing somebody else's money.

It is your money.

At the end of the day whether she got it from her father or she earned it, she could lose it.

I am not taking anything away.

I was just curious.

I would say that putting together big films that do well is a good strategy to get away from the conversation.

Jon, nicely done.

I into argumentative.

This text has been automatically generated. It may not be 100% accurate.


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