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Im glad it all worked out. Were gonna get there on time. Fenkel: Do you have to be a genius to do Sofia Coppolas movie, or Harmonys? Since then, A24's success has been immeasurable, especially for an independent Production company founded the same year The Avengers came out. 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. Igoe: At SXSW, we had Spectacular Now, and Spring Breakers showed there. That didnt come with any veto rights or cut rights, Abrahamson told me. And so anytime you speak with someone whos not a pure accountant, is not a pencil pusher? The deal excludes films that are already part of the Apple partnership. 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. None Of Us Thanked Them. We werent doing anything like that. And A24 was the place that took the risk. Yes, Scream VI Marketing Is Behind the Creepy Ghostface Sightings Causing Scares Across the U.S. David Oyelowo, Taylor Sheridan's 'Bass Reeves' Series at Paramount+ Casts King Richard Star Demi Singleton (EXCLUSIVE), Star Trek: Discovery to End With Season 5, Paramount+ Pushes Premiere to 2024. Sacco: Its sobering and motivating in a different way. Lets run there. Fenkel: If you look at our films, we bought The Lobster in February and released it in May. 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. It is based in New York City. Thats not a go-wide movie. But it was word of mouth. Jon Hodges CEO at Evergreen North America Industrial Services League City, Texas, United States 2K followers 500+ connections Join to connect Evergreen industrial services and GEM mobile. Did Moonlight just win Best Picture?. Fenkel: And they were like, You cant do that! YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. At a time when young people are increasingly going to the movies only for blockbuster spectacle, A24 has established itself as the film industrys most forward-thinking company by releasing the kind of midsized, stylish, quality films that seemed on the verge of going extinct, transforming them into a collective theatrical experience, and aiming them squarely at a demographic that would rather watch movies on their phones. Beth was also the first A24 movie since its inaugural release, the Charlie Sheen-starring A Glimpse Inside the Mind of Charles Swan III, not to receive a fresh score on Rotten Tomatoes. A24 founding partner John Hodges announced that he will be leaving the indie studio that he helped launch nearly six years ago, the company announced Monday. Since then his contributions to growing the company have been invaluable and we cant wait to see what he does next., Hodges said in a statement, I am incredibly proud of the company we created and of the amazing team at A24 that has been integral to its success. And I think it is down to companies like A24. 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. Wanna follow A24 (company)'s net worth? I am incredibly proud of the company we created and of the amazing team at A24 that has been integral to its success. I actually tied with Jared [Leto], who obviously won the Oscar that year, for L.A. Film Critics. And it was the hair and makeup people. For a truly great film like this, being excluded from the conversation into which A24 works so hard to insinuate its main slate can feel like a fate worse than Harvey Weinstein. 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. Its super inspiring. Slate is published by The Slate Group, a Graham Holdings Company. I think theatrical will always be there, but most of my biggest experiences of cinema have been in front of a TVno one was screening Fellini films in Ireland when I was 19 or 20.. Scott didnt say anything. Thats the chief message of an A24 campaign, really, from elegant design to sharp social media to clever co-branding choices: This is a company that gets it. We get credit for it even when we have nothing to do with it. The Little Movie Studio That Could - The New York Times Katz: We did great movies. [19], In January 2017, the company acquired the United States and Chinese distribution rights for their first foreign language film, Menashe. The company, improbably, was based in New York, not Los Angeles. A24 may not yet inspire the same kind of blind devotion in theatergoers that the Criterion Collection does in home video obsessives, but its the only indie distributor that feasibly could. Your eyes dont gloss over James Franco as a trap music Jesus. See what happens.. 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 . Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Theyre one of the few companies that have shown that indie films can still be viable. 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. No way., Katz: It was just like, Wait. If after seeing it you have a renewed taste for fright, here are nine other recent horror gems that use their modest scale to their advantage. I was thrilledwhen the news broke that A24 had acquired the domestic rights, and then gutted to learn that it was part of the DirecTV pact. It could be the CEO or an intern.. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement.. Coppola: That was the worst. Talk me through it. A24 Net Worth & Earnings (2023) They kept shutting us down. If the cost of helping great movies find their theatrical audiences and lure them into theaters is to release other great movies that audiences have to find for themselves, thats probably a price most of us are willing to pay. Sasha Lane (actress, American Honey): They were like, You guys are who you are and were not going to change that. No one had to be perfected for anything. We want to hear from you! 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. And the guy asked me, Is there anything we might find suspicious in there? I said, Theres an art piece inside in the shape of a gun. And literally the entire security department was like, What is wrong with you? Long story short, it made it through. Ask for forgiveness. I think it just showed that we cared about these movies so much. As of April 2022[update], twenty-seven episodes had been released. Asif Kapadia (director, Amy): I suppose most filmmakers have had bad experiences in the past where you do all the hard work, and then these guys in slick suits come along and theyre like, We know what were doing now! Its DirecTV/A24 release grossed $229,094 and never played on more than 54 screens. Lets go wide! Harmony Korine (director, Spring Breakers): They have balls. Beyer: Alicia VikanderI think she read about it, or she saw this photo of her that was being used. The filmmakers were like, I made a good movie. Rather than carpet-bomb the whole country with prohibitively expensive television ads, A24 partnered with a social marketing agency called theAudience in order to more precisely reach its target demographic. A24 is not like other entertainment companies. Sacco: Frances Ha was the first heartbreak. Kapadia: Theyve won Best Picture. 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]. They just seem like theyre the first company thats really abandoned a lot of the old models. For a start, it was founded on the wrong coast - New York, not Los Angeles - by three relatively young arthouse film executives, Daniel Katz, David. And David cannot stop perspiring. Pattinson: Theyre definitely the place to be now. Please! A24, originally a small independent movie distributor, has quickly transformed into one of the most respected and successful names in cinema production. All three had grown up admiring the rich world of 90s independent cinema, and they noticed a void where those movies had once been. Patrick Stewart (actor, Green Room): [The premiere of Green Room] was at the Toronto Film Festivals Midnight Madness. New York, no one gives a shit. Katz: Harvey Weinstein called the agent and said, How could you give a Sofia Coppola movie to this new? I can only imagine. 2023 Variety Media, LLC. Korine: I dont think I was there, but I heard people were walking out. Larson: I couldnt be more grateful for an experience that changed the course of my life and career immeasurably. Take the fate of John Macleans Slow West, one of the years best films, a neo-Western starring Michael Fassbender as a bounty hunter. In the fall of 2012, A24 arrived at the Toronto International Film Festival with a plan to acquire several movies. Youre incredible. Jenkins: They were like, Look. If anything, it was the bastard stepchild at that point. A24 Founder John Hodges To Part Ways With The Company We still dont. Johnny Hodges Net Worth. A24 knew that Slow West was great well before it premiered to rave reviews, but the company also recognized that it was an odd duck, neither broad enough to be a prestige picture nor strange enough to galvanize a legion of fans. Well handle it! And if it works, its them; if it doesnt work, its all your fault anyway. Katz: David and I are sitting next to each other. A24 (company) net worth and salary income estimation Annapurna Pictures/courtesy Everett Collection, Moonlights Mahershala Ali Picks His Own Oscar Winners. Garland: Under the Skin is exactly the kind of movie that you would not see distributed by a major studio. Thats an achievable budget number for me. You know what I mean? What are you working on? A24 co-founder John Hodges is exiting the indie company to "focus on future opportunities," he and the company jointly announced on Monday. [7], Guggenheim Partners provided the seed money for A24 The company was started to share "movies from a distinctive point of view". All Rights Reserved. in the past 3 years a24 has managed to make from 90 - 110 million at the yearly box office. 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.. A24 went on a spending spree and released 11 movies in their second year of operation. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. Its like, oh, this person has no idea what Moonlight is, and it just won Best Picture. I dont mean it that way. (He won the Los Angeles Film Critics Association award for Best Supporting Actor). Fenkel: One thing we notice is now people are saying, Oh, good job.