Who will Elle Fanning bring to the Oscars?

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AUSTIN — Elle Fanning will celebrate her first Oscar nomination for “Sentimental Value” with her boyfriend, Gus Wenner, and her mother.

“This is a family affair,” she told USA TODAY with a smile on the SXSW red carpet. Fanning, who will be nominated for Best Supporting Actress at the Academy Awards on March 15, credits “20th Century Women” director Mike Mills for the role.

“I loved making that movie more than anything. Mike Mills is someone who is really important to me,” Fanning said. “Actually, he recommended ‘Sentimental Value’ to (director) Joachim Trier. So if he hadn’t been in that movie, I don’t think I would have been in that movie.”

She was in Austin on March 12 to promote her new Apple TV series, “Margo’s Got Money Trouble,” which she stars in and executive produces with her sister Dakota Fanning. Based on the book by Luffy Thorpe.

Elle Fanning plays Margo, a college girl whose life changes when she has an affair with a college professor. Due to her experience with an unexpected pregnancy and raising a child, she is looking for ways to make money on sites like OnlyFans.

“It was kind of a hot item,” Elle Fanning said. “I was able to talk to her over Zoom because a lot of people wanted this book, and she thought I would be a good home for this book. And so we assembled this major team with David E. Kelley, A24, Michelle Pfeiffer, Apple, Nicole Kidman. It continued to grow and now we’re finally here.”

she gushed while discussing the role.

“I love playing Margo. She’s in my heart. She’s a very resilient character and a very optimistic character at all times,” the actress admitted. “When she faces some challenges in her life, she really overcomes them in unexpected ways. And that was fun to play.”

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