Michael Phillips (producer)

Michael Phillips (born June 29, 1943) is an American film producer.

Michael Phillips
BornJune 29, 1943 (age 76)
Brooklyn, New York, U.S.
Alma materDartmouth College (B.A.)
New York University School of Law (JD)
Home townLong Island, New York, U.S.
Spouse(s)
(
m. 19661974)
Juliana Maio
(
m. 1987)
Children3
AwardsAcademy Award for Best Picture (1973)
Palme d'Or (1976)

Early life and education

Phillips was born in Brooklyn and raised on Long Island. His mother, Shirley, was a schoolteacher and housewife; his father, Larry, was a garment manufacturer.[1] They later became dealers in ancient Asian art.[2] Phillips received a B.A. in history from Dartmouth College and a Juris Doctor from New York University School of Law.[3] After being admitted to the New York Bar in 1969, he worked as a securities analyst on Wall Street. In 1971, he and his wife moved to Malibu, California and produced their first film, Steelyard Blues, starring Jane Fonda and Donald Sutherland.[3]

Film career

In 1972, Phillips along with his then-wife, Julia Phillips, and producer Tony Bill financed the development of the screenplay, The Sting for $3,500 in total.[3] In 1973, the film received the Academy Award for Best Picture. Michael and Julia were the first husband-and-wife team to win the Best Picture award. The couple then produced Taxi Driver (which would go on to win the Palme D'Or at the 1976 Cannes Film Festival) and Steven Spielberg's Close Encounters of the Third Kind.[4]

In 1984, his production company, Mercury Entertainment, went public with the intention to capitalize on his prior successes.[5] Mercury planned to produce three to five films a year in the $10-million range[5] with operating and development costs to be paid by ABC Motion Pictures while production financing was provided by the major studios.[5] The 1984 film The Flamingo Kid and the 1991 film Don't Tell Mom the Babysitter's Dead were not as successful as hoped and in 1992, Philips offered to take the company private repurchasing outstanding stock at seven cents on the dollar.[5] In 2006, Mercury Entertainment was merged with Debmar Studios to form Debmar-Mercury (now a wholly owned subsidiary of Lions Gate Entertainment).

The Sting was inducted into the Producers Guild of America's Hall of Fame, granting each of its producers a Golden Laurel Award.[6] In June 2007, Taxi Driver was ranked as the 52nd-best American feature film of all time by the American Film Institute.[7] In December 2007, Close Encounters was deemed "culturally, historically, or aesthetically significant" by the Library of Congress and selected for preservation in the National Film Registry.[8]

Select filmography

Personal life

Phillips is a Trustee Professor at Dodge College of Film and Media Arts, where he taught for several years.[9]

He has been married to writer Juliana Maio since 1987[10] and has three daughters, Kate, Amanda, and Natasha.[9]

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References

  1. edited by Steven Priggé Movie Moguls Speak: Interviews with Top Film Producers ISBN 9780786419296 | McFarland & Company, Incorporated Publishers | 10/26/2004
  2. "Larry Phillips: Global Style Pioneer". Phillips Collection. Retrieved May 17, 2018.
  3. New York Magazine: "The Sting of Success" January 27, 1975
  4. The Guardian: "How we made ... Michael Phillips and David S Ward on The Sting" by Ben Child June 4, 2012
  5. Citron, Alan (January 17, 1992). "Hard Times for 'Sting' Producer: Phillips Wants to Take His Ailing Production Company Private". The Los Angeles Times.
  6. Producers Guild of America Awards 1997
  7. "Archived copy" (PDF). Archived from the original (PDF) on September 27, 2007. Retrieved October 20, 2007.CS1 maint: archived copy as title (link)
  8. "Librarian of Congress Announces National Film Registry Selections for 2007" (Press release). Library of Congress. December 27, 2007.
  9. "Chapman University Trustee Professors". www.chapman.edu. Retrieved May 18, 2018.
  10. "Michael Phillips Bio". IMDb. Retrieved May 18, 2018.
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