Starring Splits Anya Taylor-Joy, Robert Eggers creates a world devoid of God in this thunderous and bleak religious melodrama. It was crazy. In 2023, A24 became the most nominated single studio of that year's awards with 18 total nominations between 6 of its films (Everything Everywhere All at Once (11 nominations, the most nominated film of that year's awards, including Best Picture), The Whale (3 nominations), Aftersun, Causeway, Close, and Marcel the Shell with Shoes On (each with 1 nomination)).[5]. As of 2023[update], the company's films had received a total of 49 Academy Award nominations. [24], On November 15, 2018, A24 and Apple announced that they had entered into a multi-year partnership where A24 will produce a slate of original films for Apple. A24 is not like other entertainment companies. Uncut Gems ($50 million). But I feel that the fact that it was their first filmthere was a lot of idealism around the process. A24 went on a spending spree and released 11 movies in their second year of operation. And we just hounded him. Colin Farrell (actor, The Lobster, The Killing of a Sacred Deer): They have such a great eye for these small little films and rich and unique stories that may have not found it to the big screen if it wasnt for them. But as A24 initiates the second phase of its existence, a transition that includes financing its own films and branching out into television, the companys exponential growth may find it becoming part of the problem it had once seemed destined to solve. Franco: I hope they dont get too big that they forget what got them started. Please only use it for a guidance and A24 (company)'s actual income may vary a lot from the dollar amount shown above. Everybody was talking a few years ago how cinema had died. People are like, Oh, I would have green-lit that! Im like, Come on!, Sacco: We had been talking about finding a person to produce for a long time. But its present success and continued survival are dependent on a massive deal that seems to directly contradict everything thats made the company so special. For Ponsoldts latest, A24s marketing efforts followed the films example of approaching a highbrow topic with a low bar for entry, partnering with Medium.com for a project called Just Words, for which writers, artists, and other intellectual types collectively celebrated the life and work of David Foster Wallace. And then its like on the biggest stage, I didnt thank anybody! I want to be A24, he said. Beyer: I think the operating principle was, Dont ask for permission. Fenkel: I stare straight ahead. [18] In June, the company, along with Oscilloscope and distributor Honora, joined BitTorrent Now to distribute the work of their portfolio across the ad-supported service. If the companys success continues apace, it might not be long before a profitable mid-budget movie no longer seems like a unicorn, and it might not be much longer until being an A24 film is the only hook a film needs. I think I made out with my wife in front of people. Far left, from left: A24 founders David Fenkel, John Hodges, and Daniel Katz. Their whole point was, We dont know this world. You were in the A24 offices. All Rights Reserved. When I saw Robert Eggers The Witch at that same festival, I stumbled out of the 9 a.m. press screening convinced that I had just seen a masterpiece. And I was ready to say: It was me! But A24, it became clear when I spoke to the companys employees, saw Spring Breakers as a Trojan horse for progressive cinemathe company less concerned about the nine kids who found the film too weird than they were the one kid who went home and rented Gummo. In recent years, the recession and the concurrent rise of VOD streaming services have already torpedoed the midbudget movie. Then he had this very high-tech, nuanced process, which was printing out a spreadsheet, and then when he would book a theater, he would write it down on the spreadsheet, and then when the spreadsheet was full, hed push it over from his desk to my desk. Place Beyond the Pines, wed worked with the producers before. Katz, Fenkel and Hodges prior to A24 worked in film and production, before leaving to eventually co-found the company, Youre incredible. They were thinking in a different way, trying something newer and maybe more radical with their approach. And we still have a great relationship now. Katz: People say, Oh, Barry, why didnt you bring us Moonlight?As if that was the most obvious Best Picture! Lets run there. Usually you talk to somebody and they tell you all the reasons they shouldnt make something, and why its so difficult. But in a shift from its typical way of doing business, A24 acquired Room based on its script, before shooting had even begun. He later left A24 on March 2018 to focus on future opportunities. Login to view all information @ A24s biggest success, Lady Bird, grossed $49 million domestically, so can that ceiling support the duos ambitions, or will a larger distributor make them an offer they cant refuse? They were not the company that they are today. I kept calling the guy. [He won at least six.] Gif excerpt from the film The End of the Tour via A24 Films. The only monsters we ever see in "It Comes at Night" are the ones that live under one roof. Were passionate. John Hodges. Hodges has been an integral part of the studio since its inception in 2012. That was a thing. Of the 174 million impressions that the movie made in the weeks leading up to its debut, 49 percent were organic, meaning that you were just as likely to learn about a new Harmony Korine film from your weird aunts personal page as you were from a promoted update in your news feed. a24. The optimistic way to view this situation is that A24 is getting much better at buying good movies for its DirecTV deal, rather than filler like Barely Lethal. Prior to joining Jax in 2019, John was a founding partner of A24, where he helped oversee acquisition and distribution on some of the company's roster of more than 70 films, which includes Spring Breakers, Ex Machina, Amy, Lady Bird, and Best . Were good. There are exceptions to this rule, such as Miramax, the company that upended indie cinema in the 90s, backing then unknown filmmakers like Steven Soderbergh and Quentin Tarantino. Set in 1630s New England, a family is banished from their village and starts to unravel when their baby vanishes. Katz: We broke the record that weekend. And check out the haunting synth score by Disasterpiece. Noah Sacco (head of acquisitions and production, A24): I think some of our biggest movies had no stars in them at the time of releaseEx Machina, Moonlight, The Witch, Room, The Spectacular Now. Which is vanishingly rare in the film industry. Hodges, along with Katz and Fenkel, largely shunned the spotlight, giving few interviews even as A24 made a name for itself by releasing edgier, filmmaker-driven fare from directors such as Lenny Abrahamson, Alex Garland, and the Safdie Brothers. [Sofia] was like, Oh, will you at least partner with Harvey? We were like, No!. And we werent thinking about that. Thats very unusual. [29][30], "A24 Films" redirects here. Coppola: I was a little nervous about not going with a company that I knew had a track record, but I knew that they were going to really do their best. BREAKING: John Hodges, one of the founding members of A24, has announced his departure from the production and distribution studio to focus on future opportunities. It wasnt disrespectful. And it was on the A24 [motorway]. [laughs] I mean, I doubt that, because I know the people that work there. Fenkel: And we had a booker at the time, this big old school guy, gentle giant, hes a sweet guy, but kind of a gangster, but levels of, like, cool gangster. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. (For context, the Spring Breakers Facebook page has 1.1 million likes, while that for Fox Searchlights Best Picture-winning Birdman has only 289,000.) And in that moment I was like: Now its time to go do this. Photo illustration by Lisa Larson-Walker. Beginning with hedonistic images of Disney starlets gone wild, the campaign consisted of producing Facebook ads that could also function as contentpeople wanted to share this stuff. So I just called the guy. On the most literal level, an A24 film is budgeted from anywhere between $1 million (Obvious Child) and $20 million (A Most Violent Year). John Hodges (co-founder and co-head of TV, . And I think thats the main thing, Id say. But I do remember finally looking over, because I didnt know where they were sitting, and I spotted Dan Katz and Dave Fenkel, and, man, the smile on their faces! Scarlett Johansson gives the most daring performance of her career in Jonathan Glazers surreal, experimental film. It premiered at Sundance in January, where it deservedly won the World Cinema Dramatic Competition. Hodges previously served as head of production and development at Big Beach Films and exec produced "Our Idiot Brother" and "Safety Not Guaranteed.". Over the past six years I have been fortunate to work with a diverse group of talented storytellers across film and TV and look forward to continuing those collaborations in my future endeavors, added Hodges. In 2021, A24 won the Academy Award for Best Supporting Actress (Yuh-jung Youn in Minari, who became the first Korean actress to win an Oscar). But we said, Lets invest in it. Theres a difference. But I think she saw this, and it hijacked her image and personality, and we didnt ask her. The indies can be liquid and fluid. A24 may be growing fast, but no one has displayed greater agility in navigating the waters of a business that constantly seems to be changing course. Katz: We have a better relationship with him now. All three had grown up admiring the rich world of 90s independent cinema, and they noticed a void where those movies had once been. It wasnt going to get lost in the shuffle. Its trio of foundersDaniel Katz, David Fenkel, and John Hodges, whod known each other through years of work in New Yorks indie movie circuitrarely granted interviews. A24 Films is a US theatrical distribution and production company founded by Daniel Katz, John Hodges and David Fenkel. PARK CITY, Utah At the Sundance Film Festival here in January, executives at A24, the upstart movie and television studio, stood in the back of a makeshift theater looking as if . A24 Apr 2012 - May 20186 years 2 months Head of Production and Development Big Beach Films 2008 - 20124 years Greater New York City Area Development and Production Executive Michaels Goldwyn. Other 2013 theatrical releases included Sally Potter's Ginger & Rosa, Harmony Korine's Spring Breakers, Sofia Coppola's The Bling Ring, and James Ponsoldt's The Spectacular Now. The filmmakers were like, I made a good movie. I just Tinder was yelling at us. The deal, intended to grant A24 the capital it needed to grow and DirecTV some much-needed cultural cachet, stipulated that the two companies would jointly acquire new titles, and that those titles would be eligible to premiere on DirecTVs on-demand platform 30 days prior to a theatrical release. Well handle it! And if it works, its them; if it doesnt work, its all your fault anyway. Fenkel: You dont know how to control yourself. All Rights Reserved. They kept shutting us down. When you can get a distribution company that likes the film for the same reasons that people that made it like the filmIve found that rare. The exceptionand basically the only part of A24 that has any public profile at allis the companys social media presence. And [my producer] kept saying it, and I kept thinking, Okay, at some point Ill figure out what hes talking about. Heavey: He didnt really use a computer. Thats completely nuts. When the film comes out in early 2016, it will arrive exclusively in theaters, and its trial by fire will be exclusively in theaters. Katz: And we were all like, You know what? According to Ponsoldt, who recently became the companys first repeat filmmaker: A24 films run the gamut of genre and style, but they all seem to be incredibly specific, personal visions.. A24, which was founded in 2012, said that no additional changes in management will be made. Buying and burying not-great movies isnt necessarily a problem if it grows the business without harming the brand. Across 96 films released at the time of this article, the average Production Budget on each film rounds out to a cool $6 million, with the Box Office revenue across the 96 films adding up to $798 million. A24 was founded on August 20, 2012, by film veterans Daniel Katz, David Fenkel, and John Hodges. So long as A24 continues tooperate independently and make edgy films from newcomers and established veterans alike, Ill be a happy moviegoer. Aizenberg: When I started, we didnt have Spring Breakers yet, but the whole focus of that very first meeting I went to was like, How do we get Spring Breakers? Garland: I didnt know what Tinder was until the festival. Dave Franco & Alison Brie Take a Couples Quiz, Heres a First Look at Daniel Lees Burberry, Bubba Wallace and Daniel Suarez Are Shaping NASCAR's Future, Inside Daniel Lee's Burberry Debut, London Fashion Week's Biggest Show. Steven Soderbergh retired. Spike Lee turned to Kickstarter. This elegant, yet sadistic horror film from Austria resembles Michael Hanekes Funny Games, yet the home invader was under the victims noses all along. He booked the theaters over the phone. Art and Experience : John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. And they did. Logo by GrandArmy Photos via A24. Since its inception in 2012, A24 has become one of the hottest destinations for indie filmmakers, ushering such edgy films to theaters as The Bling Ring and Spring Breakers. The tech titan is reportedly in the midst of dropping $1 billion on original content, but has yet to make a major film market move. His relationship with talent and creators is exceptional and we look forward to having him make Jax his new home.. The company offered no additional details other than to say his vacancy would not lead to any additional changes in management. I just trust, you know, Drag City or Merge or SST or Dischord. Send us a tip using our annonymous form. I didnt think it was terrible. Over the past six years I have been fortunate to work with a diverse group of talented storytellers across film and TV and look forward to continuing those collaborations in my future endeavors.. Fenkel: I remember we were just getting to know Scott Rudin. @ After a brief flurry of acquisitions gossip, and Monday's announcement that A24 co-founder John Hodges will exit the company, A24 and/or Apple "insiders" let it be known that Apple wasn't. Sacco: And people on planet Earth, you know, they go see movies that they need to want to see or hear about. A24 is an American independent entertainment company founded on August 20, 2012, by Daniel Katz, David Fenkel, and John Hodges and based in New York City. I think when movie companies get started, people want to define you immediately. So whos to say that, you know, A24 wont become Warner Brothers five years from now? ALL RIGHTS RESERVED | TERMS OF USE|SUBSCRIBE|CONTACT. But it was word of mouth. Beyer: I remember when we had Room, like, six months after Ex Machina or something, Fenkel was like, Whats the Tinder for Room? And I was like, No, no! Filmmakersoften the toughest audiences for their own films marketing campaignsrecognize the companys real excitement for their films. We still dont. The company, improbably, was based in New York, not Los Angeles. They had faith that people would continue to show up. Gif excerpt from the film Room via A24 Films. Deploying for Major CAT Events, tornadoes . The photo has been replaced. Other similarly sized outfits tend to flood the flooded marketplace with a steady barrage of quality independent and foreign fare in a way that can feel indiscriminate: Send the DCPs to Film Forum and let God sort em out. Photos courtesy A24, by Alberto E. Rodriguez/Getty Images, and Janette Pellegrini/WireImage/Getty Images. Theyre super-smart people. Not like we should have paid more. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. John Hodges will be leaving A24 to pursue other opportunities, the indie distributor announced Monday. What are you working on? John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24 in a statement. Fifty-six-year-old guy. A24 took Ex Machina to the 2015 South by Southwest festival and built a Tinder chatbot with the face of Alicia Vikander to help promote the film. Beyer: And respect them and treat them the way they would by any other company. A24 co-founder John Hodges is exiting the indie companyto focus on future opportunities, he and the company jointly announced on Monday. Fenkel: If you look at our films, we bought The Lobster in February and released it in May. Fenkel: We knew we were releasing the movie. Robert Pattinson (actor, The Rover, Good Time): Its crazy that there is an article about a distribution company. In 2012, Fenkel, Hodges, and Katz left their jobsat Oscilloscope, Big Beach, and Guggenheim Partners, respectivelyto start A24. But youre in a tuxedo and everyone around you is older and theyre quiet Jenkins: It sucks, man, because of how it happened, none of us thanked them! It is currently unknown if this slate of films will have a theatrical release or be exclusive to Apple's Apple TV+ streaming service. The Bling Ring provoked Emma Watson to cast off the shadow of Hermione Granger and step into the pink Juicy Couture sweatpants of a spoiled teen criminal in contemporary Hollywood. We tried to get the Union Square movie theaterwe didnt have a theatrical booking yet. Your vision is incredible.. Essie Davis is insanely good as a single mother on the brink of a mental breakdown as she attempts to care for her troubled young son. Surely theyve learned by now that theres a ceiling for arthouse films these days. Our site's data suggests A24's net worth to be about $1.89 million. January, February, we didnt know we had The Lobster. All contents 2023 The Slate Group LLC. He recently profiled Conor McGregor for GQ Style. The End of the Tour freed Jason Segel from the succubus of network sitcoms by allowing him to inhabit the image of an iconic American writer. Katz: Tusk, we were like, oh, Kevin Smith! The films backers will be made whole, its makers will get another chance at bat, and its distributors will continue to enjoy the financial solvency provided by the DirecTV dealnot to mention the $50 million line of credit the company secured last fall. Mahershala Ali (actor, Moonlight): I definitely have a lot more opportunity right now than Ive ever had before. They wanted, like, the Disney, massive one. TV production powerhouse Jax Media is expanding into film and tapped John Hodges, one of the founding partners of A24, as its new head of film. Fellow founding partners Daniel Katz and David Fenkel will continue to oversee the NYC-based indie studio, which has seen great success with Oscar-winning films such as Room, Ex Machina and last years surprise Best Picture winner Moonlight.. Not necessarily, like, to win Best Picture and ten Oscar nominations. No additional changes in management will be made, said A24, which will continue to develop and produce a growing slate of content across film and television. Lady Bird remains its biggest success, earning $49 million domestically to date. A24 FILMS. No one in the office is older than 42, including co-founders John Hodges, David Fenkel, and Daniel Katz. I asked him what he wants his company to be. The company may be a lovely acquisition target for a buyer seeking an arthouse pipeline,but A24 is still building itself as a brand one that is synonymous with quality. The question with any company that lavishes attention and resources upon a modest amount of product is, of course, where does the money come from? You look at the underdog story, I think thats not by accident. The companys expansion into film is a natural progression as the company continues to produce scripted and non-scripted television as well as stand-up comedy specials. And I think theyre creating a kind of renaissance in filmmaking. Eddie Guy. Maybe even that guy with a two-way radio who keeps you from walking through a movie set. Daniels like, Okay. Its infamously irreverent official Twitter account, run by an employee named Zoe Beyer, is as likely to tweet about the Spice Girls or trash-talk Tom Cruise as it is to tweet about one of the companys own movies. And then over the course of, like, four months, we bought a lot of movies. David Fenkel and I have had some great conversations about film - the whole A24 team have a great and deep love for cinema. Aizenberg: That first private plane didnt make it to Austin. Spring Breakers had a whole Oscar campaign: Consider This Shit.Zoe Beyer. When it happens again and again, thats very, very intelligent work and planning. A vital piece of work far too delicately perverse to have sustained a theatrical run, it was the ideal choice to launch the program. Focused on High Net Worth Policy holders where policy coverage exceeds $1 million. Ainzenberg: I remember I went and had to meet with Selena Gomezs team to prove that we were real people and we were gonna be legitimate in releasing the film. Katz formerly led the film finance group at Guggenheim Partners, Fenkel was the president, co-founder and partner at Oscilloscope, and Hodges served as Head of Production and Development at Big Beach. The Oscar-nominated actor gives us his all-time favorites of film. It was also that A24 was releasing these films not with a sigh and a shrug, but with panache, style, and humor: bright neon colors, guerrilla marketing tactics, and in the case of James Francos Britney Spears-loving gangster character from Spring Breakers, an actual Oscar campaign. Larson: I couldnt be more grateful for an experience that changed the course of my life and career immeasurably. I woke up one morning to an e-mail from Daniel that was sent at three in the morning: Can you go to Pittsburgh? I come into the office, and there are interns running around like in some crazy factory. Worst case, youll get the trench-coat crowd. You know what the trench-coat crowd is? They rented some office space in Manhattan. When I arrived at A24s office, in an anonymous building so close to the western lip of lower Manhattan that it can practically taste New Jersey, my fears that the company might be growing too fast werent exactly assuaged by learning that within weeks it was moving to an enormous office closer to midtown. And it just kept getting better and better and better. A24 was founded in 2012 by Daniel Katz, David Fenkel and John Hodges. [13] That same year, A24 entered a deal with Amazon Prime, where A24-distributed films would be available on Amazon Instant Video after becoming available on DVD and Blu-ray. It was millions in one day. A Glimpse Inside the Mind of Charles Swan III, Frankenstein's Monster's Monster, Frankenstein, Would It Kill You to Laugh? On the TV side, Jaxs current projects include the recently released Russian Doll on Netflix, starring Natasha Lyonne; The Other Two, which was just picked up for a second season; and the final season of Broad City for Comedy Central. Daniel Katz and David Fenkel will continue to oversee the NYC-based indie. We wanted to deliver in a meaningful way. Key grip. It would cost too much to buy Mississippi Grinda fighting chance in theaters, so the film is making its way into the world through 20 million smaller screens rather than a few dozen large ones, and more viewers will have a chance to appreciate it as the sublime hangout movie that it is. Daniel Radcliffe (actor, Swiss Army Man): Ive had experiences on films in the past where they get bought by somebody who sees something in it that they like, which is nice, but it also happens to be notand is sometimes antithetical towhat the people who made the film wanted it to be. And they even never uttered the words, What would it be like in a cheaper state? John Hodges (co-founder and co-head of TV, A24): It was one of those conversations where it was always like, How would we do it differently? And it was usually fueled by beer and things scribbled down on napkins and a lot of bravado. 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Rowling More Grace and Listen to Her, Britain's $4 Billion Boss: ITV Chief Carolyn McCall Bets It All on Talent, 2023 Music Festivals: How to Buy Tickets to Coachella, Governors Ball, Lollapalooza and More. Since then his contributions to growing the company have been invaluable and we cant wait to see what he does next, said A24 in a statement. Its such a really fucking well-executed movie. Hodges: The office literally looked like a pump-and-dump stock operation. The company has laid the groundwork to evolve from just another upstart distribution label into a multiheaded ministudio capable of developing its own contentand so far theyve done it by releasing movies that tend to earn more cultural cachet than they do money. We sit in. Wanna follow A24 (company)'s net worth? I remember the thing that got him was like, Listen. When we started, we wanted it to be about the films and filmmakers, not us, Katz told the Hollywood Reporter at the end of 2013, and that culture remains evident in all aspects of their business. Her film The Invitation" plays on agitation and insecurities between a group of old friends and some suspicious strangers at a lavish dinner party. Fenkel: Look at The Witch. Whatever lingering reservations I had about the VOD side of A24s business were dismantled by the recent rumblings of a demonically possessed goat: The DirecTV logo may still be lurking toward the bottom of The Witchs teaser poster (which accurately identifies and champions Black Phillip as the movies breakout star), but at some point along the way it was decided that this crowd-pleasing, pants-ruining work of art has the makings of a communal sensation, and A24 pivoted. This monster slowly stalks you when you sleep with the wrong person, and the only way to pass it on is to bed another partner. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. You lost. Jenkins: I just would never allow myself to believe that something I made could win Best Picture. See what happens.. It was like two hours before, and they were like, Hes not gonna make it. When Ex Machina director Alex Garland was asked what he liked about working with A24, he compared the major studios to ocean liners: To change direction it takes them two days to even start to make that turn.
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