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We just had to catch up to that idea. Here's who: Daniel Katz, David Fenkel, John Hodges and James Schultz. 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.[3]. Jul 2021 - Present1 year 7 months. 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. And on some level, honestly, I was afraid to go out on my own and try to make it work. The initial agreement covered 12 films, the first of which was Denis Villeneuves jaundiced doppelgnger freakout, Enemy, starring Jake Gyllenhaal. Film-distribution companies tend to be important but invisible: They buy finished films, cut trailers, make posters, and put movies into movie theatersor, more often these days, dump them onto VOD, never to be heard from again. Im glad it all worked out. He also produced . Released in the wake of Anton Yelchins untimely passing, Jeremy Saulniers Green Room is a grizzly and intense thriller in which a young punk rock band witnesses a murder and fights off a group of Neo Nazis, led by Patrick Stewart no less. And I think it is down to companies like A24. And so anytime you speak with someone whos not a pure accountant, is not a pencil pusher? Fenkel: We had a meeting. 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. I Just Raised The Oscar At Them. More recently, it expanded from being an acquisitions-only distributor to producing home-grown fare as well as branching into TV. Ask for forgiveness. I think it just showed that we cared about these movies so much. Fenkel: We knew we were releasing the movie. And I was ready to say: It was me! Lets do Kevin Smith horror! They have a very good understanding of the Zeitgeist. Aizenberg: I remember that Sunday we all got on the phone and were like, Were going over a thousand screens.. Harvey Weinstein (via email): A24 is a great company. Art and Experience : John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. Sure, were talking about an aggressively uncommercial director whose previous feature was called Trash Humpers, but the success of Spring Breakersand how it was achieveddemonstrated that theres still an audience for the kind of challenging and essential medium-budget movies that most in the business left for dead. Everybody was talking a few years ago how cinema had died. Fenkel: The world kind of shifted in its direction, where the film was for an audience, and then you realize, Whoa, the movie is needed by other people. And check out the haunting synth score by Disasterpiece. [27], A24 distributes and produces around 18 to 20 films a year. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. Fenkel: I just cannot stop. Despite lacking any pre-defined structure, episodes generally contain discussions around recent works of the two guests, allowing for branching discussions to other areas. Variety and the Flying V logos are trademarks of Variety Media, LLC. Take its efforts on Spring Breakers, for example. A24, which was founded in 2012, said that no additional changes in management will be made. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. Katz: By the way, a thousand times out of a thousand, youre wrong. It was, like, every time another person walked out, I was like, Oh, there goes another one!, Sacco: All my friends and family, they kept asking about this new company. Its a film about guilt that forever haunts you and the fear of being watched. For the company's filmography, see, 20142017: Television and later productions, 2018present: Management changes, partnerships. A24 thinks hard about the landscape of distribution, and they think hard about the models, and the models are changing. And even this public face represents the companys nonhierarchical structure: Thats only funny, Beyer once observed, because youre not quite sure whos saying it. All rights reserved. Dont get left behind. Variety is a part of Penske Media Corporation. And they even never uttered the words, What would it be like in a cheaper state? It was such an out-of-body experience. Its exciting. We were like, Im pretty sure this is gonna be Star Wars, but maybe Mad Max. Thats what I said to them right before. Or a director. And I remember hearing she was really upset. Zoe Beyer (marketing, A24): Spring Breakers had a whole Oscar campaign. Notable guests on the show have included Bo Burnham, Paul Schrader, Sofia Coppola, Alia Shawkat and Martin Scorsese. Although A24's actual net worth is not known. Fenkel: Well, of course Selena Gomez in a bikini worked. I found it so deep in Google Image searches. Were passionate. Fenkel: Look at The Witch. In September 2013, A24 struck a partnership valued up to $40 millionwith satellite television provider DirecTV. Thats very unusual. @ 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. Pattinson: I mean, with Twilight, the first tour we did was literally going to suburban shopping malls and doing local-news stuff. 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]. He booked the theaters over the phone. But then when we started to screen the film at Sundance and saw the audience reactions, it was clear that there was a much larger audience for this movie than any of us thought. 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. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement.. Its true that most audiences may not care about who it is thats releasing the movies they see, but an A24 film demands even casual viewers to consider the source. Kapadia: There were other films that had a lot more money in their campaign and were everywhere. I dont think that switch in psychology is supposed to happen that dramatically, or that abruptly. New York, no one gives a shit. Theres aesthetic and political values to the people behind the company. I think what theyve understood is theres a sufficient number of people out there who want more challenging or different material. 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. It could be the CEO or an intern.. And Under the Skin, from Jonathan Glazer, is one of my favorite movies in the past 15 or 20 years, you know? Heavey: He didnt really use a computer. 10001 NEW YORK, USA. Among critics and cinephiles I know, the A24 label is starting to mean something in the way that a 4AD record meant something in 1988, or a Grove Press book meant something in 1955. Maybe even that guy with a two-way radio who keeps you from walking through a movie set. All contents 2023 The Slate Group LLC. 2023 THE TRACKING BOARD. Youre incredible. Daniel Katz (co-founder, A24): We used to always talk about Oh, theres gotta be a better way.. Place Beyond the Pines, wed worked with the producers before. 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. I think he was in Hawaii on his honeymoon or something while it was all going down, so I felt terrible. 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. 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. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement. Gif excerpt from the film Room via A24 Films. 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. If its gonna be released the same way by another company, we usually dont go after it. They kept shutting us down. Correction, Sept. 30, 2015:This article originally contained a photo of John Hodges, a film producer, rather than John Hodges, co-founder of A24. This field is for validation purposes and should be left unchanged. Photo illustration by Lisa Larson-Walker. For a medium-size film to succeed without a marketing blitz twice the size of its production budget, its not enough for it to be goodit has to have a hook. 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. Franco: I would bet that [Alien] was one of the biggest, most popular Halloween costumes that year. And it just kept getting better and better and better. Aizenberg: Nine to ten people walked out. 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. You dont watch something like Spring Breakers or Under the Skin without thinking: Where the hell did that come from? Barry Jenkins (director, Moonlight): A24s the kind of company where they say, Yeah, they dont need to know what its about. . That suits a company whose websites About page consists of nothing beyond an Eadweard Muybridge plate of a cockatoo flapping its wings. Please only use it for a guidance and A24 (company)'s actual income may vary a lot from the dollar amount shown above. That didnt come with any veto rights or cut rights, Abrahamson told me. I dont mean it that way. They didnt have a ton of movies, you know? James Ponsoldt (director, The Spectacular Now, The End of the Tour): Ive heard people refer to Miramax. Her film The Invitation" plays on agitation and insecurities between a group of old friends and some suspicious strangers at a lavish dinner party. 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. You know what? But if it is, a monastic degree of focus will be required to recognize which A24 titles might fare better on VOD. 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. We want to go two thousand screens. He recently profiled Conor McGregor for GQ Style. 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! (He won the Los Angeles Film Critics Association award for Best Supporting Actor). I say, Dont go there. Because what happened was, someone ran out with a red envelope. Under the Skin reintroduced Scarlett Johansson as a killer alien from outer space (and, more jarringly, a shockingly brave improv performer). Really? Starring Splits Anya Taylor-Joy, Robert Eggers creates a world devoid of God in this thunderous and bleak religious melodrama. 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.. Katz: Tusk, we were like, oh, Kevin Smith! Four short years later, the companys first original production, Barry Jenkinss Moonlight, won the Academy Award for Best Picture. Katz came from a film finance group, while Fenkel and Hodges both left positions at other independent film companies. a24 john hodges net worth. Mahershala Ali (actor, Moonlight): I definitely have a lot more opportunity right now than Ive ever had before. 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. Katz: Maybe even greater. a24. Deploying for Major CAT Events, tornadoes . It is currently unknown if this slate of films will have a theatrical release or be exclusive to Apple's Apple TV+ streaming service. Hollywood is run by accountants at this point. (Joy, Annapurnas only 2015 title, arrives in theaters on Christmas Day.). From It Follows to The Babadook, these horror gems didnt have blockbuster budgets. It wasnt going to get lost in the shuffle. A24 co-founder John Hodges is exiting the indie companyto focus on future opportunities, he and the company jointly announced on Monday. Johnny Hodges Net Worth. Producer: Safety Not Guaranteed. See what happens.. [14], In May 2015, A24 announced that it would start a television division and began producing the USA Network series Playing House, as well as working to develop a television series that would later become Comrade Detective, produced by Channing Tatum. They came on strong in the late 90s, really. NetWorthSpot.com's industry expertise thinks A24's net worth at $1.89 million, but A24's finalized net worth is still being verified. They had heart to them. David Fenkel and I have had some great conversations about film - the whole A24 team have a great and deep love for cinema. Katz: We did great movies. And that question is the birth of fandom. John Hodges (co-founder and co-head of TV, . 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. Theyre making people want to go to the cinema again to see this kind of stuff, rather than staying at home. 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.