www.ilm.com/hatsrabbits/ilm-to-open-new-studio-in-australia/?fbclid=IwAR1Tr1hUhMQSAxdsLyEmgrMgIPoP5E7rECoLySvonWR7aYQs9aU6mEjI8_E

The studio is opening a new studio in Sydney to better serve its clients and complement its current operations in San Francisco, where the company is headquartered, Singapore, Vancouver, and London.

“Sydney is an ideal location for our fifth studio,” noted Rob Bredow, Executive Creative Director and Head of ILM, adding, “there is abundant artistic and technical talent in the region which are both keys to ILM’s culture of innovation. It’s particularly exciting that the first film our new studio will contribute to will be Star Wars: The Rise of Skywalker.”

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.