Megan Ellison’s Pulls Funding For Terminator: Genesis, Brother’s Company To Finance

By Mark Hodge (doddleNEWS)

When Megan Ellison’s Annapurna Pictures bought the rights to the Terminator franchise a few years back, more than a few eyebrows were raised.

Indeed Ellison has made her name funding art house movies such as True Grit, The Master, Killing Them Softly and Zero Dark Thirty.

Now, the Oscar-nominated producer has backed out of Terminator: Genesis, handing over the reigns to her brother David Ellison’s Skydance Pictures.

She said (via Deadline): “We love this project and the direction it is going in, but for now Annapurna’s primary focus is to produce independent films.”

If any of you are confused about 27-year-old Ellison and her 31-year-old brother, helming two of Hollywood’s most innovative production companies, don’t be. Their father is Larry Ellison, co-founder of software company Oracle and one of the wealthiest people on planet Earth.

While Megan funded some of the best films of 2013 – including David O Russell’s American Hustle and Spike Jonze’s Her – David’s company concentrates more on blockbuster cinema.

His credits include Star Trek Into Darkness, World War Z and the critically acclaimed Mission Impossible: Ghost Protocol.

Deadline has reported that Skydance will fund two-thirds of Terminator: Genesis, with Paramount Pictures paying the other third.

David Ellison confirmed that he is delighted to be bringing such an iconic series back to life.

He said: “Skydance Productions focuses on elevated event-level film making and the relaunch of this iconic franchise is a perfect match for our company.”

He added: “I’m grateful to Megan, who will remain involved as an executive producer, and for initially bringing the Terminator franchise to us.”

The film, which already has director Alan Taylor (Thor: The Dark World) attached, is expected to begin shooting this spring. Also joining actors Emilia Clarke and Jason Clarke (Sarah and John Connor) is original franchise star Arnold Schwarzenegger, who will reprise his role as the robotic killing machine.

Stay tuned for more Terminator: Genesis news.

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