Michael Phillips (born June 29, 1943) is an American film producer.
Phillips was born in Brooklyn and raised on Long Island. His mother was a schoolteacher and housewife; his father was a garment manufacturer. They later became dealers in ancient Asian art. Phillips received a B.A. in history from Dartmouth College and a Juris Doctor from New York University School of Law. After being admitted to the New York Bar in 1969, he went to work as a securities analyst on Wall Street but in 1971, he and his wife moved to California where they produced their first film, Steelyard Blues starring Jane Fonda and Donald Sutherland.
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. In 1973, the film received the Academy Award for Best Picture. The Phillipses 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 followed with writer-director Steven Spielberg's Close Encounters of the Third Kind.
Phillips's early work in a producing team with his former wife continues to receive acclaim within the industry. 25 years after its Oscar success, The Sting was inducted into the Producers Guild of America's Hall of Fame, granting each of its producers a Golden Laurel Award. In June 2007, Taxi Driver was ranked as the 52nd-best American feature film of all time by the American Film Institute. In December 2007, Close Encounters was deemed "culturally, historically, or aesthetically significant" by the United States Library of Congress and selected for preservation in the National Film Registry.