Annapurna Resolves More Than $200 Million in Debt, Pushes Ahead Without Banks (EXCLUSIVE)

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Annapurna Resolves More Than $200 Million in Debt, Pushes Ahead Without Banks (EXCLUSIVE)
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Annapurna Pictures has resolved more than $200 million in debt, insiders close to the matter told Variety, after weeks of hardball between top financial institutions and Larry Ellison, Oracle billi…

Annapurna Pictures has resolved more than $200 million in debt, insiders close to the matter told Variety, after weeks of hardball between top financial institutions and Larry Ellison, Oracle billionaire and father of Annapurna CEO Megan Ellison. Participants in the studio’s revolving credit facility will receive roughly $0.82 on the dollar to cure more than [...]Eva Longoria will direct Fox Searchlight’s “Flamin’ Hot,” a biopic about the man who created the spicy Flamin’ Hot Cheetos.

SPOILER ALERT: The following story contains details of the opening scene of “It: Chapter Two.” Fans of Stephen King’s novel “It” will be familiar with the opening scene of “It: Chapter Two,” director Andy Muschietti’s follow-up to his first “It” installment in 2017. A gay couple is walking home from a carnival in Derry, Maine [...]Chef, TV host and author Eddie Huang has been set to direct and write coming-of-age story “Boogie” for Focus Features.

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