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Paul Thomas Anderson May Have Found Financing For 'Inherent Vice' & Untitled Scientology Project

by Edward Davis
February 11, 2011 1:01 AM
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Jeremy Renner Not Attached To 'The Master' Any Longer

Who would have thought a billionairess would come to the rescue of Paul Thomas Anderson? That seems to be the case and perhaps, Megan Ellison, the 25-year-old daughter of American business magnate and Oracle boss Larry Ellison, simply just has a lot of money and good taste.

Vulture is reporting that she might be providing financial support for his two, still unproduced projects, one the Untitled Scientology project known as "The Master" in fan circles that Philip Seymour Hoffman and Jeremy Renner are meant to star in and "Inherent Vice," and adaptation of famous recluse Thomas Pynchon's 2009 stoner detective novel.

Robert Downey Jr. was once said to be circling the lead role in 'Vice,' but he has a hole in his fourth quarter schedule now thanks to the actor dropping out of Sam Raimi's "Oz: The Great and Powerful."

Here's the highlights from Vulture's lengthy and detailed article and things you need to know.

1. PTA has already written a first draft and is halfway done with a second on "Inherent Vice."
2. He obtained the blessing of Pynchon and frequently consulted him on the aforementioned drafts.
3. Though Hoffman and Renner have both said in the past that PTA shelved "The Master" on his own because it wasn't fully cooked yet, Vulture says Universal balked at its $35 million price tag and wouldn't give it a green light in September (when it was rumored to shoot).
4. PTA could shoot either film. It's unclear which one could go in front of cameras first, but it's very possible he could be shooting one of them this year.
5. Wondering how "The Wettest County In The World" went from deader than Dillinger to amassing an amazing cast and back up on its feet? This same, ex-party girl Megan Ellison is evidently one of the co-financiers. Hey, if she can help John Hillcoat put a film back on the screen that we thought we'd never see, it's certainly possible she can do the same for PTA.

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  • Xian | February 11, 2011 9:04 AMReply

    Great news... she does have good taste apparently! Hope she finds more possibly great films in jeopardy to produce. :)

  • Hayden Maxwell | February 11, 2011 8:31 AMReply

    To the White Sea, Ms. Ellison, go!

  • Pope | February 11, 2011 7:59 AMReply

    Exactly what Ken just said ^. This news has absolutely made my day, my week in fact.

  • Cde. | February 11, 2011 4:54 AMReply

    "3. Though Hoffman and Renner have both said in the past that PTA shelved “The Master” on his own because it wasn’t fully cooked yet, Vulture says Universal balked at its $35 million price tag and wouldn’t give it a green light in September (when it was rumored to shoot)."

    After that happened, Bill Pohlad's River Road Entertainment came on board. It was then that PTA put it on temporary hiatus.

  • Derf Nurfleberger | February 11, 2011 3:34 AMReply

    Derf never congratulated you guys on the Indiewire deal. Congratulations! And this is wonderful news. Derf will now track down and propose to Ms. Ellison.

  • MHerzog | February 11, 2011 2:55 AMReply

    Dear Megan,

    Woody Allen also has a dream project about the birth of Jazz which has a $90million budget.

  • Mike_M | February 11, 2011 2:46 AMReply

    God bless her... I would assume she is apart of Skydance Productions, which is a new prod company formed by Larry Ellison's son (so her brother)... maybe she is on her own now, but it seems at least for some of her projects she was working for Skydance... either way THANK YOU!

  • Gabe Toro | February 11, 2011 2:43 AMReply

    I will date this Ms. Ellison.

  • Cory Everett | February 11, 2011 2:37 AMReply


  • Tim | February 11, 2011 2:29 AMReply

    If true, Megan Ellison is my hero. This has the makings of a great movie.

  • Da Boss | February 11, 2011 2:13 AMReply

    Dear Megan Ellison,

    Could you please also help John McTiernan, Michael Cimino and Daniel Waters to make new movies ?


  • mike | February 11, 2011 2:09 AMReply

    this made my day

  • Alex | February 11, 2011 2:06 AMReply

    And it seems she's fully funding K. Bigelow's next film.

    With all these developments, Megan Ellison might have instantly become my favorite person in Hollywood.

    (I'd second the Kaufman/Jonze suggestion. Any other auteur's projects in need of rescue?)

  • Hayden Maxwell | February 11, 2011 1:52 AMReply

    Go, Ms. Ellison, go! Kaufman and Gilliam need your help as well. Get on that.

  • Sean | February 11, 2011 1:42 AMReply

    I wanna marry this girl now. This is so fucking wicked.

  • Carter | February 11, 2011 1:40 AMReply

    She had an EP credit on 'True Grit' too.

  • ken | February 11, 2011 1:39 AMReply

    I think Inherent Vice gets made first, just in time for a December 2012 release.

    The Master sounds like the more ambitious film, but Inherent Vice with Robert Downey Jr. sounds like it could be really fun.

  • fsadfs | February 11, 2011 1:39 AMReply

    Yeah Megan Ellison just became possibly my favorite person.

  • Raj Himself | February 11, 2011 1:29 AMReply

    Wow! Megan Ellison is awesome!

  • Ken | February 11, 2011 1:27 AMReply

    Paul Thomas Anderson news these days is so infrequent, that when I see a photo of his face pop up on your site, it's like it's my birthday or something.

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