Great news for fans of good things in cinema: Paul Thomas Anderson’s next two movies might have found financing. Vulture reports that “billionairess Megan Ellison, the 25-year-old daughter of Oracle boss Larry Ellison, appears to be coming to the rescue” of two PTA movies that have, oddly, not been able to find any financing.
The first is his untitled thinly-veiled-take-on-Scientology movie about a cult leader (likely to be played by Philip Seymour Hoffman) and his disciple (who was to be played by Jeremy Renner, who has since dropped out; Renner has been “buried in offers,” Vulture says, but it’s worth noting that he is also filming the fourth “Mission: Impossible” with Tom Cruise, so, there’s that). The other film is Anderson’s adaptation of Thomas Pynchon’s novel “Inherent Vice.” Vulture says that Anderson has received Pynchon’s blessing and is already at work on a second draft of that script.
Ellison and her brother helped co-finance “True Grit,” and she is also co-financing “The Wettest Country in the World,” the John Hillcoat adaptation of the novel about Depression-era bootlegging. If she’s going to help Anderson make more movies, that’s phenomenal news; of course, the guy still might take his time, as he’s made just five films over the last dozen years. It’s pretty strange that he hasn’t been able to find financing for his movies, because his last film (2007′s “There Will Be Blood”) cost a mild $25 million and earned triple that amount worldwide, in addition to being an Oscar-winning masterpiece. But, hey, as long as somebody is ponying up.