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a24. She has built a strong track record of savvy acquisitions for her New York-based indie film distributor. But within Hollywood, A24 has always generated more chatterand, at times, outright jealousy and angerthan youd think for a decade-old company that has never released a movie that grossed more than $50 million domestically. Instead of his usual calm and kindly demeanor, Stewart plays a cold and ruthless villain who'll haunt your dreams.S.H. Part of that was just normal industry gossip. David Fenkel studied at University of Rochester. Tom Ford. Daniel Katz, the finance guy who ran Guggenheims film investment group, launched the company with his buddy David Fenkel, and creative executive John Hodges (who was bought out in 2018), with about $25 million of Guggenheims money. Except for Searchlight, which is Tab.. Solutions. Blumhouse has also been behind Whiplash, nominated for the best picture Oscar in 2015, and the TV series The Jinx: The Life and Deaths of Robert Durst.. Its television business is growing, and investors like that because it is more predictable than film, though TV dramas are past their peak in terms of profit margins, and streamers usually cancel shows after only a few seasons these days. Apr 30, 2022. All Rights Reserved. Actor Miles Teller and A24 Films co-founder David Fenkel attend the after party for a screening of A24's "The Spectacular Now" on July 30, 2013 in. Lackluster A24 Movie Released Direct to Criterion Blu-Ray. In this overheated market, those conversations usually start with Well, if Hello Sunshine is worth $900 million, then But this isnt a Reese Witherspoon situation. In Everything Everywhere All at Once, Daniel Kwan and Daniel Scheinerts new multiverse-spanning film about an exhausted Chinese American laundromat owner, there is a universe where Michelle Yeoh is an opera singer. There was no safe bet or sequel or prequel, just unbridled creativity. Young staff members are empowered to challenge the founders. WhatsApp. They entered into deals with DirecTV Cinema and Amazon Prime in late 2013, with some films distributed through them, and the name was changed to A24 in 2016.A24's television division has produced The Carmichael Show, At Home with Amy Sedaris, Ramy, Euphoria and Mr. Corman. This piece is one of A24s most successful and profitable films. At A24, the talk is about artistic impulses first and foremost how do we make a really cool movie and then the studio tries to lean into whatever that may be in its marketing campaign, even if its weird. Interested in org charts, contact info and more for David Fenkel. They picked up unique movies, engaged in non-traditional advertising and seemed to only choose projects that attracted them as artists. ScreenRant first reported the news. The companys marketing machine has dazzled Hollywood for the near decade, deftly turning unknown festival films into buzzy hipster bait and luring filmgoers with tie-ins like the pop-up shop around Casey Affleck and Rooney Maras A Ghost Story which sold stark white bedsheets, or its recent vanity publishing of the book The Story by AZiah King, which bound the 150-tweet thread behind the A24 film Zola into a book. Log In. The studio is also not the most successful new entertainment company to recently come along. Get notification with the latest net worth updates for free. Their career took off with the release of Harmony Korine's Spring Breakers, an artistic and surreal look at modern. Absorbing such a specific operation could come with growing pains for a corporate-governed buyer. Fundada el 20 de agosto de 2012 en Nueva York por Daniel Katz, David Fenkel y John Hodges, A24 es una empresa cinematogrfica independiente, especializada en la produccin y distribucin de cine y televisin. In Obvious Child, Slate has a one-night stand and finds herself knocked up a few weeks later. 000000000000 00000. A24 is not like other entertainment companies. Its not the MGM library, which is waaaay more commercial and is selling to Amazon for $8.5 billion, if the government approves the deal. (That and the persistent rumor that A24 juices its box office numbers with stunts like rolling in preview screenings and hosting filmmaker Q&As.) Industry insiders wondered how a rich payout would affect the fabric of a company like A24 one of the most clearly defined, enviable brands in the game. 2012Daniel KatzDavid FenkelJohn HodgesA24 Other A24 hits over the past few years include Spring Breakers, about college girls who get mixed up with a messianic drug and arms dealer; the creepy-cool Ex Machina, which introduced the future Oscar-winner Alicia Vikander to most viewers; The Lobster, a dystopian cult favorite; and the Oscar-winning Room (Brie Larson for best actress). Its similar, I think, to what happened in foodie culture. A24 was founded in 2012 by Daniel Katz, David Fenkel and John Hodges. Founded in 2012 with seed money from Guggenheim Partners, where co-founder Katz formerly led the film finance group, the company released its first feature with 2013s A Glimpse Inside the Mind of Charles Swan III. That movie didnt make much of a splash critically or commercially, but A24 rebounded with buzzy titles such as The Spectacular Now and Under the Skin, becoming a favorite landing spot for auteurs. With about 125 films and TV shows in the library, A24 has actual assets. When Gawain beheads the Green Knight, he seals his fateand tees up the bulk of the movie, too. Among the A24 films up for Oscars at this Sundays Academy Awards ceremony are The Disaster Artist (adapted screenplay) and The Florida Project (Willem Dafoe, supporting actor). And A24 has savvy competitors hot on its tail. A24 A24 has a knack for picking up exciting new directors, from Alex Garland ( Ex Machina) and Jonah Hill ( Mid 90s), to Ari Aster and his skull-exploding horror-thrillers Hereditary and. This dreamlike film moves like a medieval poem, circling back again and again to resonant images and themes. Its films read like a laundry list of some of the edgiest and most ground-breaking indie fare of the last decade, with movies that include Spring Breakers, Ex Machina and Lady Bird.. The publicist wants to know who I am and why I want to speak to A24. Her work has appeared in NYLON, Refinery29, InStyle, and her personal newsletter, StirCrazy. The A24 ethos, all the stuff I mentioned above, is actually part of a calculated move to reinvent the indie film widget for the modern, social media-driven era. Below, we've ranked best 15 films the company has made so far. DirecTV agreed to spend tens of millions to jointly acquire films with A24 for offer on its video-on-demand system, giving the fledgling studio a digital laboratory of a sort (and a place to dump titles not ready for theatrical scrutiny). Members of the WorthEPenny community love shopping at A24 Films. .css-gk9meg{display:block;font-family:Lausanne,Arial,sans-serif;font-weight:normal;margin-bottom:0;margin-top:0;padding-top:0.25rem;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-gk9meg:hover{color:link-hover;}}@media(max-width: 48rem){.css-gk9meg{font-size:1.125rem;line-height:1.15;margin-bottom:0.25rem;}}@media(min-width: 40.625rem){.css-gk9meg{font-size:1rem;line-height:1.2;margin-bottom:0.625rem;}}@media(min-width: 64rem){.css-gk9meg{font-size:1.25rem;line-height:1.2;}}@media(min-width: 73.75rem){.css-gk9meg{font-size:1.25rem;line-height:1.2;}}'Creed III' Is a Big F*ck You to Rocky, Watch All 'The Lord of the Rings' Movies In Order, Heres How to Watch All the Batman Movies in Order, The 78 Best Documentaries on Netflix to Watch Now, The Hilarious Reason Why Chris Pine Cut His Hair, Chris Pine Tells All About Harry Styles SpitGate, Movie Sequels That Are Better Than the Original, 40 Photos That Prove Sly Stallone Was a Style Icon. (And, as Ive written, Hello Sunshine isnt actually worth $900 million.) And while Stripes is the first new equity investor in A24, it has raised capital for production and growth several times, all from the usual banking suspects looking for margins, not Spirit Awards. He co-founded Oscilloscope alongside Adam Yauch, better known as MCA, from the seminal hip-hop group Beastie Boys. The comedic thriller follows a rich group of twenty-somethings who spend the night in a remote mansion. All anyone cares about is what theyre doing next.. For most theatrical releases, A24 would spend roughly 95 percent of its marketing money online, using data and analytics to stitch films into the social media firmament in ways that prompts movie lovers to feel a sense of discovery and pass the message on organically persuading fans to persuade one another. Im a bit skeptical that any film distribution company besides Disney enjoys actual brand equity that causes audiences to see its logo and turn out. From there, they realised there was still an appetite among a mostly young audience for indie films that didnt fit the mould. Consider this a call for a Boyhood-esque catchup with Eighth Grade's lovable hero, Kayla.Brady Langmann, Quiet and subtly terrifying (until its suddenly about pure survival), The Lighthouse is the kind of film that director Robert Eggers described as a movie where both Jung and Freud would be furiously eating their popcorn. Set in 1890s New England, everything isnt as it seems when a never-ending storm keeps the experienced lighthouse keeper (Willem Dafoe) locked up with the novice trainee (Robert Pattinson). Spellbinding and surreal, The Green Knight honors and deconstructs the Arthurian legend of Sir Gawain and the Green Knight. Plus, there's plenty to laugh and cry about as Lady Bird follows Christines struggle to co-exist with her mother, during her senior year of high school.B.M. No credit card required. Mr. Hodges started his career at USA Films, which became Focus Features. Read Next: Why Sylvester Stallone Is Not in Creed 3, Sony Pictures Wins Sisters My Ex-Friends Wedding With Ariana DeBose, Chloe Fineman, Amanda Seyfried, Meg Stalter (EXCLUSIVE), APA Names Nick Panella Head of New Podcast and Audio Group (EXCLUSIVE), Courtenay Valenti Lands Expansive Film Role at MGM and Amazon Studios, Overseeing Theatrical and Streaming, Harry Potter Star Evanna Lynch: I Wish People Would Give J.K. 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Cole: This Song Opens a Door to My Next Chapter, 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. The Green Knight traces Gawains quest to confront his challenger; along the way, he contends with ghosts, giants, thieves, talking foxes, and so much more. Variety is a part of Penske Media Corporation. Similarly, it has also provided a hit in the horror genre through the movie Hereditary. . Everything Everywhere All at Once will be released in UK cinemas on 13 May. Fenkels New York-based independent film and TV powerhouse, which he runs with Daniel Katz, has been the focus of acquisition rumors for years. Plus, Patrick Stewart appears in a role unlike any hes ever played before. I felt like there was a huge opportunity to create something where the talented people could be talented, Mr. Katz told GQ magazine in May. The story spans three time periods, moving through childhood, his teen years, and adulthood, as Chiron confronts what it means to be queer. Katz, Fenkel and Hodges all got together in 2012 and decided to make their late night yammerings a reality. Who better than acclaimed director Ari Aster, currently in post-production for his third film with A24, Disappointment Blvd., starring Joaquin Phoenix, following the success of his first two horrors: Hereditary (2018) and Midsommar (2019). Deliberate or not, A24 has managed to cultivate something ethereal, a vibe. Many people ask this question about the money A24 (company) makes from Twitter. Full of bewitching contradictions, The Green Knight is an unforgettable epic about masculinity, mortality, and the true meaning of honor.Adrienne Westenfeld, Bo Burnham's directorial debut, 2018's Eighth Grade does something incredible: it manages to brilliantly convey the joys and pains of being young in the smartphone era, while still being instantly relatable to everyone who was ever young. I ask him about Miramax because its a comparison lots of people have made with A24 in the Nineties, the studio helmed by Bob and Harvey Weinstein cemented itself as a similar cultural tastemaker through indie hits like Pulp Fiction and Good Will Hunting. Its the kind of head-spinning plot that few film studios would take a chance on, which is exactly why it was perfect for A24, the outfit behind Uncut Gems and Euphoria. (The New York Times critic A.O. As of 2023, the studio has received a total of 49 . Hes not lying; our conversation crawls, agony in every syllable, then lurches from Miramax to Hereditarys shock success. The production house, launched in 2012 by industry veterans Daniel Katz, David Fenkel and John Hodges, . Apple was in negotiations, then Amazon was interested. A supposed $3 billion asking price spilled into the trades, sparking mockery. David Fenkel Occupation Producer David Fenkel is a producer and the founder of A24 alongside Daniel Katz and John Hodges . A Ghost Story (2017) Since its inception in 2012, A24s risks have mostly paid off. Everyones seen it; everyones heard of it. Never underestimate the power of cachet, a banker friend told me this week. Indeed, as the SLC prepares to show two of the company's recent releases, Marcel the Shell with Shoes and Bodies, Bodies, Bodies, it's worth reflecting on the inspiring rise of A24. And what makes A24 think it can avoid the usual indie film pitfalls? A24 declined to comment. 2023 Washington University Student Media, Inc. - All rights reserved, The independent newspaper of Washington University in St. Louis, Tell Us The Best St. Louis Has To Offer! Thats why people in the film world dont like them. Founded way back in 2012, the New York-based distribution and production company has always had an eye on both the indie and mainstream. Instead of spending on traditional advertising, the company spends roughly 95 percent of its marketing money online, The NYT reported, using social media as the backbone of its campaigns. A24 at present has a pay-one output deal for movies with Showtime. What do you think would happen if And Then There Were None took place in 2022? Movies, Music and Entertainment. While the firm has grown exponentially in the past 10 years, employees still work in an open-plan office where the co-founders mix with the interns and there are no job titles, just colleagues. Being anxious at Passover is as quintessentially a shared Jewish experience as the Old Testament adage that suffering leads to understanding. A24 is basically what the Oracle heiress Megan Ellison came to Hollywood to create with Annapurna but didnt, in part because she spent so lavishly on fantastic movies that made no financial sense, ultimately necessitating a lifeline from her father. A24 adalah sebuah syarikat hiburan mandiri Amerika Syarikat yang didirikan pada 20 Ogos 2012 [3] oleh Daniel Katz, David Fenkel, dan John Hodges dan beribupejabat di Bandar Raya New York . If youre like me, youve been watching A24 films for a while without realizing it. Now the arty New York media brand is trading on its hipster ethos for $225 million in private equity cashand, in this overheated market, why not? Hearst Magazine Media, Inc. All Rights Reserved. Mixed reviews. (It also cost only $1.5 million to make, however.) A24 is a high-class singles business with great management, without any of the home runs that, say, Miramaxs Dimension genre unit delivered in the 90s and 2000s. They seem like they are relying only on their taste and instinct, and that confidence makes everyone want to work with them, said Scott Neustadter, who is nominated with Michael H. Weber for an adapted screenplay Oscar for The Disaster Artist.. How did that happen? Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in, The people behind Americas hippest production company are determined to keep themselves out of the spotlight. A24 recently explored a possible sale, with the indie film studio floating an asking price of between $2.5 billion to $3 billion. Sirena He is an editorial assistant and writer who focuses on media and culture. anniversary of A24's first film, we took on the impossible task of ranking the studio's 15 best outings, from Uncut Gems to Moonlight. Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. In 1991, Dr. David Langer married his first wife Lisa Fenkel. You really want to hug your mom afterwards. Resources. He is currently the head of Stuart Frankel and Co company which has been founded more than two decades ago. A24 recently explored a possible sale, with the indie film studio floating an asking price of between $2.5 billion to $3 billion. Nicolette Aizenberg has joined new distributor A24 as head of . Thats probably because the company definitely made the rounds with potential suitors. To promote conversations about the films, A24 uses gimmicks like creating a Dungeons & Dragons-style board game for Dev Patels Arthurian drama The Green Knight and a fake Tinder profile for Ex Machinas android central character played by Alicia Vikander. Founded with a few million dollars in seed money from Guggenheim Partners, where Mr. Katz once led the film finance group, A24 has been constructed around one notion: There has to be a better way. Taylor praised Fenkel, calling A24 "a nimble . And nearly everyone claimed to have the inside track. A24 was founded on August 20, 2012, by film veterans Daniel Katz, David Fenkel, and John Hodges. Its a style of collaboration thats rare in a business thats dominated by tent pole franchises and often feels transactional. It just so happened that the first three films they released were Spring Breakers, The Bling Ring and The Spectacular because they were low budget and they could afford it, they say. Then this week A24 dropped the news, not via its irreverent Twitter feed but in a heavily lawyered press release, that it had raised $225 million in equity from investor Ken Fox and Stripes, his direct-to-consumer products company, with additional investors led by Neuberger Berman. X oozes sleaze, sex, and classic-slasher-film amounts of blood. Saoirse Ronan, left, and Beanie Feldstein in a scene from Lady Bird, an A24 film that is nominated for five Oscars this year, including best picture. Aster embodies everything about A24: he is young (35), from New York City, and very nervous to be speaking to press. Mia Goth reprises her role as the younger Pearl, who turns into the deranged elderly woman in X. Goth brings an impassioned performance that evokes empathy for the lonely and out of control young Pearl. Since I dont know many movie executives, I ask seasoned cinematographer Shane Hurlbut, co-founder of the Filmmakers Academy, what Coppola meant. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Its latest release, Everything Everywhere All at Once has earned the best per-theatre average of any film since Spider-Man: No Way Home at the box office on its opening weekend nearly $510,000 (391,000) from just 10 theatres. free lookups / month. The other A24 films Id seen Jonathan Glazers underappreciated masterpiece Under the Skin, Alex Garlands elegant directing debut Ex Machina, and Yorgos Lanthimoss typically bizarre The Lobster also refused to fit the Hollywood mould. Everything Everywhere All at Once is A24s latest release, These guerrilla marketing tactics get their movies talked about and get shared on social media, so then they dont have to spend as much money on advertising, a film publicist told The Financial Times last year. Initially, the $2.5 billion-plus price tag drew some skepticism, but the media landscape has changed dramatically in just the past 12 months. Then they segued, as nearly all film companies do these days, into TV, owning certain projects (like Hulus Ramy) but mostly acting as a producer for hire, like on the smash hit Euphoria, which HBO developed. July 12, 2021. On the entire internet, I found just two interviews with Katz and Fenkel (Hodges exited the company in 2018 to front Jax Media, the production company behind Netflixs Emily in Paris), both conducted five years ago, with GQ and the Wall Street Journal. 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 .