[16] The company, with cooperation from Bank of America, J.P. Morgan & Co. and SunTrust Banks, also raised its line of credit from $50 million to $125 million a month later to build upon its operations. Their hair and makeup people, actually, are the people that had an issue with this. You know, theyre big-time. 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. Where its like: Im in. Which is vanishingly rare in the film industry. It Follows takes the horror trope of getting punished for having sex to a new level. Fenkel: And we did this, like, illegal Tinder stuff. Trey Edward Schultz's moody, atmospheric thriller plays on our country's present division and how mistrust in others can come back to harm us. You walk through that office, and there arent a lot of people that look like theyre from Liberty City, Miami. Sacco: And people on planet Earth, you know, they go see movies that they need to want to see or hear about. We tried to put together a slate in, like, four months, as opposed to just really growing it, building it in the right way. Nathan (Oscar Isaac) and Kyoko (Sonoya Mizuno). And so anytime you speak with someone whos not a pure accountant, is not a pencil pusher? No way., Katz: It was just like, Wait. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24 in a statement. Aizenberg: That Oscar-nomination morning, I remember walking into the office that day, and I was like, Please, dear God, just let Amy and Brie get nominated. A24, which was founded in 2012, said that no additional changes in management will be made. They were thinking in a different way, trying something newer and maybe more radical with their approach. Garland: I didnt know what Tinder was until the festival. Harvey Weinstein (via email): A24 is a great company. If you were paying attention, you had to wonder: Who were these strange upstart New Yorkers who were making Hollywood a little bit great again? All three had grown up admiring the rich world of 90s independent cinema, and they noticed a void where those movies had once been. Hodges. Four short years later, the companys first original production, Barry Jenkinss Moonlight, won the Academy Award for Best Picture. 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. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24. And weve been so consistent about thanking them. Fenkel: I just cannot stop. And someone was like, Where did those images come from? And I was like, Google? A24 also released 2017s Lady Bird, an acclaimed coming-of-age story from Greta Gerwig, picking up a best picture nod. Sacco: Youre not like, Oh, we got a Best Picture winner! Youre just like, Oh, we got a great movie.. They just seem like theyre the first company thats really abandoned a lot of the old models. 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. In 2016, films distributed by A24 won Academy Awards for Best Actress (Brie Larson in Room), Best Documentary Feature (Amy), and Best Visual Effects (Ex Machina). Its exciting. 2023 THE TRACKING BOARD. I won, I think, L.A. Film Critics and maybe one other. Daniel Katz, David Fenkel and John Hodges have unveiled New York-based A24 as a distribution, financing and production company with plans to release eight to 10 titles annually. Login to view all information @ But what happens when the titles involved in this deal get bettera lot better? Villeneuve: If my memorys good, I was amongst their, not their first movies, but they were a young company at the time. Heavey: He didnt really use a computer. Stay plugged in to the industry with our free newsletter. Its first release was A Glimpse Inside the Mind of Charles Swan III in 2013, followed by Spring Breakers later that year. Fenkel: So hes booking, what, fifteen hundred screens? Correction, Sept. 30, 2015: This article originally contained a photo of John Hodges, a film producer, rather than John Hodges, co-founder of A24. Kapadia: There were other films that had a lot more money in their campaign and were everywhere. In 2013, A24 released their first five films: Sally Potters Ginger & Rosa, Harmony Korines Spring Breakers, Sofia Coppolas The Bling Ring, James Ponsoldts The Spectacular Now, and Roman Coppolas A Glimpse Inside the Mind of Charles Swan III, starring Charlie Sheen. It was millions in one day. Losing a movieI wanted to jump off a bridge. 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.. Brie Larson (actress, Room, The Spectacular Now): A24 has the unique ability to find and champion authentic narratives that cut to the core in a raw and honest way. The outfit is new enough that the same people have been working there from the very beginning, and the consistency of their titles reflects that of their tastes. Hollywood is run by accountants at this point. I think when we started [2016], it was another, like, what Id consider a building year. 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. Its coveted because six of the past seven winners were nominated for Best Picture at the Oscars, and the harrowing, emotional Room looks poised to follow in their footsteps after it opens in October. All Rights Reserved. Gif excerpt from the film Under the Skin via A24 Films. It is based in New York City . @ 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. The best scares always come from unexpected places. . raised the Oscar at them. Since then his contributions to growing the company have been invaluable and we cant wait to see what he does next., Added Hodges, I am incredibly proud of the company we created and of the amazing team at A24 that has been integral to its success. That was 2013. And it was the hair and makeup people. I dont think it was related to her professional career. Mr Katz had worked in film financing at Guggenheim Partners, and . That was tough. The fact that we were able to sign any movies out of that office is absurd. Katz: Maybe even greater. We were planting seeds to grow. When your business model is predicated on treating each movie like an event, how do you get bigger without changing who you are? Fenkel: And then I started saying, No way. In September 2013, A24 struck a partnership valued up to $40 millionwith satellite television provider DirecTV. The world opened itself up. And it satisfied something they werent getting. Kleiner: They had the movie, I want to say, 22, 23 weeks in theatrical release? 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]. 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. Production Company. Gif excerpt from the film The End of the Tour via A24 Films. They had heart to them. Sacco: To engrave the Spring Breakers logo onto the glass-gun bong. The initial agreement covered 12 films, the first of which was Denis Villeneuves jaundiced doppelgnger freakout, Enemy, starring Jake Gyllenhaal. I found it so deep in Google Image searches. Get it now by subscribing here. Key grip. 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Gif excerpt from the film Slow West via A24 Films. Johns experience and taste is evident in the films he has developed and produced over the years. I Was Like, Fuck Yeah!Barry Jenkins. Everybody wants to be A24. Selena and Ashley had no issue with this. And so with [The Rover], they took that into account, and instead of blowing loads of money, [they did] more targeted marketing and also really sophisticated online campaigns and stuff. The story behind the studio that brought you Moonlight and It Comes At Night, as told by Barry Jenkins, Sofia Coppola, James Franco, Robert Pattinson, and the founders of A24 themselves. Fenkel: We knew we were releasing the movie. So long as A24 continues tooperate independently and make edgy films from newcomers and established veterans alike, Ill be a happy moviegoer. Since 1957, GQ has inspired men to look sharper and live smarter with its unparalleled coverage of style, culture, and beyond. There has been speculation for the past six months that the company is for sale. Barry Jenkins (director, Moonlight): A24s the kind of company where they say, Yeah, they dont need to know what its about. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. junio 12, 2022. cottage for sale in timmins on . So I just called the guy. 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. Aizenberg: When I came to A24, they had Charles Swan already. 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. When I was explaining to people what I was doing, it felt like a political campaign. Drinking champagne at nine in the morning. Nandan: I remember seeing a screener of [The Witch], and yeah, it was like, oh, right, howd that movie not sell for more money? Harmony Korine (director, Spring Breakers): They have balls. 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. No one in the office is older than 42, including co-founders John Hodges, David Fenkel, and Daniel Katz. Their whole point was, We dont know this world. You were in the A24 offices. We had to get a second one. Pattinson: I mean, with Twilight, the first tour we did was literally going to suburban shopping malls and doing local-news stuff. "I'm thrilled to be joining the team at Jax,". And you could tell that it was in their reach. Next year theyll re-team with While Were Young director Noah Baumbach on his brilliant doc about Brian De Palma, distribute one of the best horror films since The Shining, and release the first of the films theyve financed themselves. A24's television division has produced The Carmichael Show, At Home with Amy Sedaris, Ramy, Euphoria and Mr. Corman. 2023 Deadline Hollywood, LLC. Variety is a part of Penske Media Corporation. Logo by GrandArmy Photos via A24. The Oscar-nominated actor gives us his all-time favorites of film. Lets run there. Hodges: The office literally looked like a pump-and-dump stock operation. Ali Herting (acquisitions and development, A24): We were never gonna get Place Beyond the Pines. And I felt with these guys it was a dialogue. It was like two hours before, and they were like, Hes not gonna make it. 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. 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. It was such an out-of-body experience. It was a perfectly good jet! God bless em. If theaters are to remain something more than a repository for superhero movies, everybody might have to be. Your vision is incredible.. Were good. 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. 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. Aizenberg: There was a week in January where we dropped the trailer of Spring Breakers. That broke the film out., For Room director Lenny Abrahamson, working with A24 on his films campaign has been a dramatic change. But I feel that the fact that it was their first filmthere was a lot of idealism around the process. Notable guests on the show have included Bo Burnham, Paul Schrader, Sofia Coppola, Alia Shawkat and Martin Scorsese. I kept calling the guy. Eddie Guy. 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. Miramax, they were a huge deal, and also Fox Searchlight. John Heavey (distribution, A24): Especially the first two years, we fell in love with every movie. Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. Itd be very unlikely for that to happen. So what is an A24 film? The companys best known movies include Ex Machina, Room, The Witch, Amy and Moonlight, which won the 2016 Academy Award for best picture, best adapted screenplay and best supporting actor for Mahershala Ali. Theyre just on it. Im thrilled to be joining the team at Jax, Hodges said. Fenkel: Look at The Witch. That was just acting! It was not like being in a cinema. From award-winning writing and photography to binge-ready videos to electric live events, GQ meets millions of modern men where they live, creating the moments that create conversations. We literally didnt know what to do. The company offered no additional details other than to say his vacancy would not lead to any additional changes in management. Your eyes dont gloss over James Franco as a trap music Jesus. Since then his contributions to growing the company have been invaluable and we cant wait to see what he does next., Added Hodges, I am incredibly proud of the company we created and of the amazing team at A24 that has been integral to its success. I felt bad that David had to be put through that. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement. We werent a fully formed company yet. A24 will. 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.. A24 has an estimated net worth of about $1.89 million. 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. 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. You look at the underdog story, I think thats not by accident. In pretty decent seats, actually. It was social media. It was like being in some kind of arena. A24, originally a small independent movie distributor, has quickly transformed into one of the most respected and successful names in cinema production. Johansson plays something between an android and alien symbiote who seduces men in order to envelop them in a dark, infinite pool of nothingness. I was like, Fuck yeah!, Sacco: I think its inspiring and motivating to a younger generation: Oh, that movie cost this, and it did this. Sacco: Frances Ha was the first heartbreak. [15], In January 2016, Sasha Lloyd joined the company to handle all film, television distribution and business development in the international marketplace. Take its efforts on Spring Breakers, for example. The monster at the center of The Babadook is a personal demon, not a literal one. Franco: I actually did win some awards. 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. 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.. Everybody was talking a few years ago how cinema had died. A vital piece of work far too delicately perverse to have sustained a theatrical run, it was the ideal choice to launch the program. We just had to catch up to that idea. Scott didnt say anything. Aizenberg: That first private plane didnt make it to Austin. Please! When historians of the future try to pinpoint the precise moment that the film industry crawled out of its deathbed and back onto its feet, theres a good chance theyll land somewhere in March 2013, when a fledgling distribution company called A24 Films transformed a Harmony Korine movie starring a cornrowed James Franco into a genuine cultural event. So it was strange, if you were a moviegoer in 2013, to see the A24 logo pop up again and again before movies as varied and weird as Harmony Korines Spring Breakers and Sofia Coppolas The Bling Ring, James Ponsoldts The Spectacular Now and Roman Coppolas A Glimpse Inside the Mind of Charles Swan III. 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. Jennifer Kents drama is a psychological heavyweight that examines how parents feed their demons to quell the pain. 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. Katz: Some of it was probably misplaced, dont you agree? II was tasked. Nicolette Aizenberg (distribution executive, A24): It is very cyclical. 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. Filmmakersoften the toughest audiences for their own films marketing campaignsrecognize the companys real excitement for their films. That suits a company whose websites About page consists of nothing beyond an Eadweard Muybridge plate of a cockatoo flapping its wings. Genre hounds stoked by the Sundance hype would surely seek it out, but Eggers extraordinary debutabout a family of early American pilgrims who get banished to the wrong forestwould never be given the opportunity to meaningfully connect with its audience and worm its way into the culture. This is before Wolf of Wall Street came out, but Margot Robbie, I didnt know her, but she was working with somebody that knew my costumer or something, and got in touch with me and was like, Can you print me a photo of the tattoos in detail, so that I can get this costume perfectly? Because she was fucking Alien that year. Hes not gonna be able to do this right now. Our first release. I actually tied with Jared [Leto], who obviously won the Oscar that year, for L.A. Film Critics. These films speak for themselves. Activity. Signed on as producer beginning with the second season. [27], A24 distributes and produces around 18 to 20 films a year. 2023 Variety Media, LLC. David Fenkel (co-founder, A24): We find movies [for which] our perspective, our system, our people, can act to make it something special. A24s initial funding came via an infusion of capital from Guggenheim Partners, the investment firm at which Katz previously oversaw film financing. And I was ready to say: It was me! 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. John Hodges. But in a shift from its typical way of doing business, A24 acquired Room based on its script, before shooting had even begun. They came on strong in the late 90s, really. Mahershala Ali (actor, Moonlight): I definitely have a lot more opportunity right now than Ive ever had before. [11][12], In September 2013, A24 entered a $40 million deal with DirecTV Cinema, where DirecTV Cinema would offer day-and-date releases 30 days prior to a theatrical release by A24; Enemy was the first film to be distributed under the deal. [9], The company began its distribution of films in 2013. 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 . Like Under the Skin, Locke, Enemy. And then we drank a huge amount of red wine. We had a good history. Fenkel: Well, of course Selena Gomez in a bikini worked. The fact theyre vampires might just be an excuse for them to wear sunglasses indoors. Beyer: It was all about this tension between, like, trying to legitimize ourselves as a real company that can handle working with, like, big. (Blindsided teens, many of whom had been intrigued at the thought of seeing former Disney star Selena Gomez in a more mature performance, assailed the Internet with complaints that they had paid to see the Worst Movie Ever Made.) [10] The company's first theatrical release was Roman Coppola's A Glimpse Inside the Mind of Charles Swan III, which had a limited release. Ask for forgiveness. I think it just showed that we cared about these movies so much. Daniel Katz and David Fenkel will continue to oversee the NYC-based indie. How A24 is Disrupting Hollywood. 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. Theres aesthetic and political values to the people behind the company. 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