A24 Films is a US theatrical distribution and production company founded by Daniel Katz, John Hodges and David Fenkel. 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. Activity. 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]. I felt like there was a huge opportunity to create something where the talented people could be talented. It was a perfectly good jet! 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 . 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: [Katz] is a better runner than I am. But I feel that the fact that it was their first filmthere was a lot of idealism around the process. An Industry Arts Company. But what happens when the titles involved in this deal get bettera lot better? [laughs] I remember I had to have a conversation with Alicia about it, where she was saying, What the hell? and I was saying, I dont know. The company, improbably, was based in New York, not Los Angeles. Daniel Katz and David Fenkel will continue to oversee the NYC-based indie. Her film The Invitation" plays on agitation and insecurities between a group of old friends and some suspicious strangers at a lavish dinner party. Beyer: And respect them and treat them the way they would by any other company. 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. More recently, it expanded from being an acquisitions-only distributor to producing home-grown fare as well as branching into TV. No way., Katz: It was just like, Wait. David Fenkel (co-founder, A24): We find movies [for which] our perspective, our system, our people, can act to make it something special. Sofia Coppola (director, The Bling Ring): I really like those guys. That was where I learned what Tinder was. It is based in New York City. Barry Jenkins (director, Moonlight): A24s the kind of company where they say, Yeah, they dont need to know what its about. It made me crack up. To revisit this article, select My Account, thenView saved stories. I kept calling the guy. we don't have a good idea of their yearly revenue either as the most recent stats were from 2012 estimating around $20 million, but that wasn't putting into account pure profit only the overall gross of all the films released that year. The filmmakers were like, I made a good movie. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. January, February, we didnt know we had The Lobster. And we still have a great relationship now. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. I Just Raised The Oscar At Them. You know what? Key grip. I mean, I have no idea what theyre doing, really. And it was on the A24 [motorway]. And so anytime you speak with someone whos not a pure accountant, is not a pencil pusher? [8][28] Its five highest grossing films are Everything Everywhere All at Once ($107.2 million), Hereditary ($82.5 million), Lady Bird ($79 million), Moonlight ($65.3 million) and If its gonna be released the same way by another company, we usually dont go after it. To revisit this article, visit My Profile, thenView saved stories. Theyre making people want to go to the cinema again to see this kind of stuff, rather than staying at home. Not like we should have paid more. Garland: I didnt know what Tinder was until the festival. NetWorthSpot.com's industry expertise thinks A24's net worth at $1.89 million, but A24's finalized net worth is still being verified. A24s television division released The Carmichael Show.. 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. Correction, Sept. 30, 2015:This article originally contained a photo of John Hodges, a film producer, rather than John Hodges, co-founder of A24. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted 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! Theyre just on it. Fenkel: Id love to say from the first cut we knew. In 2017,[4] Moonlight won the Academy Award for Best Picture (the first such award for the company), Best Adapted Screenplay, and Best Supporting Actor (Mahershala Ali). 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 has only managed to turn each of its main-slate films into an event because the companys been ruthless and visionary when it comes to determining the difference. 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? [20], On February 20, 2018, A24 launched a podcast titled The A24 Podcast. 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. That company and the old Miramax and Fox Searchlight had a real brand and a hold on their audience. We closed the deal on The Bling Ring on the way to Sundance. A24 was founded in 2012 by Daniel Katz, David Fenkel and John Hodges. That was just acting! It was not like being in a cinema. This field is for validation purposes and should be left unchanged. These films speak for themselves. Or a director. Hodges: The office literally looked like a pump-and-dump stock operation. The movie was Spring Breakers, it played like a Kesha music video as directed by Terrence Malick on MDMA, and it debuted to the highest per-screen average of any film released that year to date. 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. And The Place Beyond the Pines. 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. This is Rudin. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. And I was with a bunch of friends, and we were in the south of Italy, and we were driving into Rome and I kind of had this moment of clarity. So long as A24 continues tooperate independently and make edgy films from newcomers and established veterans alike, Ill be a happy moviegoer. Put it on screens. I just trust, you know, Drag City or Merge or SST or Dischord. I love Moonlight, said as much before it won the Oscar, and Ill say it again now - I showed it to my daughters early and they loved it. In pretty decent seats, actually. Aizenberg: There was a week in January where we dropped the trailer of Spring Breakers. A24's television division has produced The Carmichael Show, At Home with Amy Sedaris, Ramy, Euphoria and Mr. Corman. 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. Uncut Gems ($50 million). We werent a fully formed company yet. Variety is a part of Penske Media Corporation. 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. Your eyes dont gloss over James Franco as a trap music Jesus. Their whole point was, We dont know this world. You were in the A24 offices. You dont watch something like Spring Breakers or Under the Skin without thinking: Where the hell did that come from? Oh my god, its new! While there is speculation in the trades that A24 may be on the block, I get the impression that sale rumors are just that rumors. [7], Guggenheim Partners provided the seed money for A24 The company was started to share "movies from a distinctive point of view". Also Read: Sundance, SXSW Comedy 'Never Goin' Back' Sells to A24, John has been a trusted partner who helped conceive A24 and for that we will always be grateful, the studio said in a statement. I think he was in Hawaii on his honeymoon or something while it was all going down, so I felt terrible. A24 is an American independent entertainment company that specializes in film and television production, as well as film distribution. Starring Splits Anya Taylor-Joy, Robert Eggers creates a world devoid of God in this thunderous and bleak religious melodrama. From It Follows to The Babadook, these horror gems didnt have blockbuster budgets. He recently profiled Conor McGregor for GQ Style. 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. 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. And on some level, honestly, I was afraid to go out on my own and try to make it work. I think my sisters still only seen one A24 movie: Spring Breakers. 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. Sacco: Frances Ha was the first heartbreak. 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. It wasnt just that, for a new distribution company, it seemed to have a level of taste and an instinct for cool that is atypical in Hollywood. The things about it that didnt were what made me most excited, both for Moonlight and the future of a company thats confident enough in its sense of self to stretch toward something new. Jenkins: We shot for five weeks, and they came down during the first week. Nandan: I remember seeing a screener of [The Witch], and yeah, it was like, oh, right, howd that movie not sell for more money? And, like, within two blocks, I have to stop. a24 john hodges net worth. 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. Youre incredible. 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 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. 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? Production Company. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24 in a statement. in the past 3 years a24 has managed to make from 90 - 110 million at the yearly box office. Sacco: Gun bongs. The gross guysand hes like, All right. Like Get Out, or Baby Driver. Everybody was talking a few years ago how cinema had died. We just had to catch up to that idea. 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. We allowed them to come on set to see what was happening, and they in turn were sharing their release plans and their marketing materials, and we were commenting on that. That shift points to a greater move afoot at A24, as the company begins to develop its own projects from within. Drinking champagne at nine in the morning. Gif excerpt from the film Slow West via A24 Films. Lady Bird remains its biggest success, earning $49 million domestically to date. Fenkel: That kind of hit. [8] In October 2012, Nicolette Aizenberg joined as head of publicity from 42West where she was senior publicity executive. And while they invited me into their headquarters to get a feel for the place and chat on background with the core team, they stressed that theyd prefer their movies to speak for themselves. Katz: Tusk, we were like, oh, Kevin Smith! It was me! 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.. No!. Ad Choices. It was like being in some kind of arena. Wanna follow A24 (company)'s net worth? With Hodges leaving, the. No Comments Yet Be the first to comment on John Hodges! And I remember hearing she was really upset. Alex Garland (director, Ex Machina): They make things work that according to standard procedures really shouldnt work. You know what? Trench coat was enough. [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. Really? 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. A24 co-founder John Hodges is exiting the indie company to "focus on future opportunities," he and the company jointly announced on Monday. Animated photo illustration by Lisa Larson-Walker. Here's who: Daniel Katz, David Fenkel, John Hodges and James Schultz. 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. Like, no way in hell. Gif excerpt from the film Room via A24 Films. Wouldnt call us back. The Rover found a mentally deficient Robert Pattinson singing Keri Hilsons Pretty Girl Rock in the deserts of post-apocalyptic Australia. [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. Fenkel: Lenny [Abrahamson, for Room] beats out Ridley Scott! We all go nuts for a few minutes, and then were all like, Okay, what do we do?. 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. Hollywood is run by accountants at this point. I dont mean it that way. It could be the CEO or an intern.. We still dont. We step up to a guy we really respect. A Glimpse Inside the Mind of Charles Swan III, Frankenstein's Monster's Monster, Frankenstein, Would It Kill You to Laugh? In between, A24 went from being a tiny, disorganized room of eight or so people to being the place where big stars like Robert Pattinson and Scarlett Johansson go to make small, strange movies, and auteurs like Jonathan Glazer and Denis Villeneuve go to make deeply personal films unmolested by studio notes or clueless executives. 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. You lost. Not heyday. So that was like their heyday. Signed on as producer beginning with the second season. Thats an achievable budget number for me. You know what I mean? Fenkel: I was at the Union Square theater, and they couldnt have had enough theaters. 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. 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. [27], A24 distributes and produces around 18 to 20 films a year. Fenkel: Look at The Witch. The monster at the center of The Babadook is a personal demon, not a literal one. Fenkel: Do you have to be a genius to do Sofia Coppolas movie, or Harmonys? How do we get Spring Breakers? And then Noah got Spring Breakers. Were passionate. And I think thats the main thing, Id say. The company said he will exit to focus on future opportunities, but did not clarify beyond that statement. But we liked them. Hodges previously served as head of production and development at Big Beach Films and exec produced "Our Idiot Brother" and "Safety Not Guaranteed.". The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. That Oscar win came within five years of A24s launch, but so did Open Roads win for Spotlight, and now that company is part of the larger entity Global Road. They were not the company that they are today. And I think A24 and companies like that areyou know, people want to go to the cinema. Love that movie. When it wasnt us. Were gonna get there on time. Korine: I could tell that they were on some new shit, you know? Katz: I was very concerned that people were gonna think Room kind of stepped into shit and got lucky with awards. 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. First movies gonna be so exciting! And I remember everyone came back from that test screening. It would be fascinating for just the unnerving dread of an awkward gathering of friends, but Kusama then provides the film a killer twist. 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. Like, you believe in something, you fall in love with it, and then you work for three months on trying to make it work. The news of Hodges exit was abrupt, but one source said the move has been in the works for some time. Katz: In LAwhatever just transpired last month, you feel it in LA. In 2012, Fenkel, Hodges, and Katz left their jobsat Oscilloscope, Big Beach, and Guggenheim Partners, respectivelyto start A24. Katz: David and I are sitting next to each other. Dont get left behind. Itd be very unlikely for that to happen. And suddenly its all over, and you think, Of all people, I knew the most about my film, so why was I was on the periphery of its release? But working closely with A24 throughout Rooms pre-release has altered his philosophy on film marketing: I used to think that the publicity process was both morally questionable and smoke and mirrors, that it was one of those invented jobs. 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The latest is Hereditary, the debut film of Ari Aster that premiered at Sundance and is quickly earning a reputation as one of the scariest movies ever. 2023 Deadline Hollywood, LLC. Denis Villeneuve (director, Enemy): I never saw them as businessmen. I just An A24 project is far more likely to be female-driven than a film released by another company, and it is typically directed by a major filmmaker (Sally Potter, Sofia Coppola, Noah Baumbach) or a filmmaker on the cusp of becoming one (J.C. Chandor, James Ponsoldt). I just started talking. Katz, Fenkel and Hodges all got together in 2012 and decided to make their late night yammerings a reality. Katz: We did great movies. We were watching it the whole time. For the company's filmography, see, 20142017: Television and later productions, 2018present: Management changes, partnerships. Sacco: Its sobering and motivating in a different way. As of April 2022[update], twenty-seven episodes had been released. And then over the course of, like, four months, we bought a lot of movies. 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. I Was Like, Fuck Yeah!Barry Jenkins. And then we drank a huge amount of red wine. Thats completely nuts. It premiered at Sundance in January, where it deservedly won the World Cinema Dramatic Competition. They became better known after picking up the U.S. rights to Ex Machina and Room, and worldwide rights to The Witch, growing substantially since then. 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! 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. Hodges has been an integral part of the studio since its inception in 2012. And I think theyre creating a kind of renaissance in filmmaking. Like, there was one that was like the shotit was [Francos character] Alien with the two girls, and hes holding machine guns or something. Its funny. a24. Igoe: Even with Ex Machina at the time, we were getting bigger, but we still had that kind of start-up mentality that I dont know wed be able to get away with now. Katz: Yeah! Other indie labels, like Megan Ellisons Annapurna Pictures (which co-produced Spring Breakers), tend to go in the other direction, releasing a minuscule handful of movies into the currents of Oscar season in the hopes that the waters will carry them toward a crowd. 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.
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