Annapurna works primarily with directors signed to CAA, the famed talent agency acquired by TPG in 2014, which has since been assembled into a vertically integrated "shadow studio," as discussed above. Annapurna has worked closely with The Weinstein Company, bankrolled by Goldman Sachs. Another of Annapurna's partners is MGM, the once iconic studio that was taken over by PE firms in 2004, filed for bankruptcy in 2010, sold to a different consortium of PE firms, and has since been acquired by Amazon.

XREF: Connects to the broader theme of private equity's reshaping of the film industry, including how ownership changes ripple through production incentives.

Andrew deWaard, Derivative Media, loc. 276