Hodges: The office literally looked like a pump-and-dump stock operation. With how bad it tested. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Sundance, SXSW Comedy 'Never Goin' Back' Sells to A24. And I remember hearing she was really upset. With Hodges leaving, the. They had heart to them.Harmony Korine, Sacco: I wouldnt say I got it. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24. Katz: Tuesday morning, I remember, we had a little whiskey for him. John Heavey (distribution, A24): Especially the first two years, we fell in love with every movie. They dont have the personality of movie executives. I remember when all the commotion started, I look at David. 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.. This is a growing company, not a struggling one. 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.. Production Company. Fenkel: But it was like, Youre not going to be 20 minutes late for Scott Rudin. So you ran. Katz: I dont think we had The Bling Ring yet. [23], On March 26, 2018, co-founder John Hodges announced that he was exiting the company. Gif excerpt from the film Slow West via A24 Films. You want to have a grown-up conversation about the best way to get your work to the people who would spend money to see it, Abrahamson concludes. No one in the office is older than 42, including co-founders John Hodges, David Fenkel, and Daniel Katz. Were putting together a gift basket of glass guns and a gift basket with munchies. 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.. All Rights Reserved. All Rights Reserved. Take the fate of John Macleans Slow West, one of the years best films, a neo-Western starring Michael Fassbender as a bounty hunter. A24 was founded in 2012 by Daniel Katz, David Fenkel and John Hodges. 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. [26], In July 2021, A24 reportedly explored a possible buyout for between $2.5 billion to $3 billion. We all go nuts for a few minutes, and then were all like, Okay, what do we do?. Gif excerpt from the film Room via A24 Films. It was such an out-of-body experience. "I'm thrilled to be joining the team at Jax,". 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. 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. March 3, 2018. 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. A24s initial funding came via an infusion of capital from Guggenheim Partners, the investment firm at which Katz previously oversaw film financing. 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. Katz: David and I are sitting next to each other. Get our latest storiesin the feed of your favorite networks. Katz: By the way, a thousand times out of a thousand, youre wrong. A24 is responsible for such films as Lady Bird, Moonlight, Eighth Grade, Hereditary, The Witch, The Lobster, Ex Machina & more. Steven Soderbergh retired. Spike Lee turned to Kickstarter. GQ Style. 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. He also produced . Youre incredible. Nathan (Oscar Isaac) and Kyoko (Sonoya Mizuno). 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? When I saw Robert Eggers The Witch at that same festival, I stumbled out of the 9 a.m. press screening convinced that I had just seen a masterpiece. Oh my god, its new! 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. Larson: I couldnt be more grateful for an experience that changed the course of my life and career immeasurably. Garland: I would say that if Ex Machina had been distributed by a big studiothis isnt actually a criticism of studios; its actually just a statement of factthe film would not have been remotely as well received or successful as it was. I was proud of the film but I thought it was weird and boring. The world opened itself up. And it satisfied something they werent getting. Fenkel: I think we had to sell them on, like, Hey, were gonna push this thing.. In the fall of 2012, A24 arrived at the Toronto International Film Festival with a plan to acquire several movies. The division of labor is clear, but there arent any titles for the companys employees, who all work elbow to elbow in a single room. 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. Katz: People say, Oh, Barry, why didnt you bring us Moonlight?As if that was the most obvious Best Picture! Worst case, youll get the trench-coat crowd. You know what the trench-coat crowd is? Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. you never leave your partner especially in a fire villas san angel rosarito a24 john hodges net worth. When I was explaining to people what I was doing, it felt like a political campaign. A24 has an estimated net worth of about $1.89 million. 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 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. Katz: They were kind of comfortable with the Under the Skin release. I thought it would get a distributorI thought it was good enough for that. Asif Kapadia (director, Amy): I had never heard of A24. Where its like: Im in. Although A24's actual net worth is not known. [29][30], "A24 Films" redirects here. Variety is a part of Penske Media Corporation. Like, you believe in something, you fall in love with it, and then you work for three months on trying to make it work. 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. 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! 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. A mother undergoes reconstructive facial surgery, but her two twin boys dont recognize the woman beneath her bandages. 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. A24 is cool and I know they say great things about Miramax, which makes me feel proud and old at the same time. Send us a tip using our annonymous form. Still, A24 has never enjoyed a box-office breakout hit. No way., Katz: It was just like, Wait. Aizenberg: Nine to ten people walked out. Were always cognizant of trying to sell the film by not selling it, said marketing exec Jesse Patrone-Werdiger, speaking to A24s rare faculty for promoting around the product its trying to push, shifting the tectonic plates of culture in the hopes of giving rise to a mountain. Aizenberg: Yeah. It specializes in film distribution, and film and television production. Maybe we werent geniuses with Spring Breakers, but we were the ones who said, Lets put it in theaters, because we could build on that. People liked Spring Breakers. 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. Focused on High Net Worth Policy holders where policy coverage exceeds $1 million. And we just hounded him. Please! It was our first Sundance all together. Heavey: He didnt really use a computer. It wasnt going to get lost in the shuffle. 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. Hodges: I started my career at USA Films, which became Focus Features. All rights reserved. The gross guysand hes like, All right. And that question is the birth of fandom. Patrick Stewart (actor, Green Room): [The premiere of Green Room] was at the Toronto Film Festivals Midnight Madness. So everything had to be explained to me, and by the time it was explained, it was over. That was the first time it screened for U.S. audiences. Her film The Invitation" plays on agitation and insecurities between a group of old friends and some suspicious strangers at a lavish dinner party. On the most literal level, an A24 film is budgeted from anywhere between $1 million (Obvious Child) and $20 million (A Most Violent Year). Beyer: I think the operating principle was, Dont ask for permission. In the last 18 months alone,along with Room and The End of the Tour,it has pioneered the abortion comedy with Obvious Child, scored a commercial hit with the seductive thriller Ex Machina, released one of the most daring science fiction films this side of 2001 in Under the Skin, and driven the most lucrative documentary in years with Asif Kapadias Amy Winehouse portrait, Amy. I think Spring Breakers really put them on the map, as far as I could tell. To revisit this article, visit My Profile, thenView saved stories. Its exciting. Then he had this very high-tech, nuanced process, which was printing out a spreadsheet, and then when he would book a theater, he would write it down on the spreadsheet, and then when the spreadsheet was full, hed push it over from his desk to my desk. The indies can be liquid and fluid. A24 may be growing fast, but no one has displayed greater agility in navigating the waters of a business that constantly seems to be changing course. I won, I think, L.A. Film Critics and maybe one other. A24s biggest success, Lady Bird, grossed $49 million domestically, so can that ceiling support the duos ambitions, or will a larger distributor make them an offer they cant refuse? Ad Choices. 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. 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. Everybody was talking a few years ago how cinema had died. Variety and the Flying V logos are trademarks of Variety Media, LLC. All rights reserved. (For context, the Spring Breakers Facebook page has 1.1 million likes, while that for Fox Searchlights Best Picture-winning Birdman has only 289,000.) No additional changes in management will be made, said A24, which will continue to develop and produce a growing slate of content across film and television. As of April 2022[update], twenty-seven episodes had been released. Katz: In LAwhatever just transpired last month, you feel it in LA. An A24 film has an affinity for subverting a celebritys established persona. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. 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. And, I mean, there was one moment in the movie when my character was booed and hissed so vociferously, I felt as though I was in a Roman arena and my life was at stake. It premiered at Sundance in January, where it deservedly won the World Cinema Dramatic Competition. [He won at least six.] And theyre aiming at them. Fenkel: Well, it wasnt a heartbreak, because they wouldnt actually call us back. It could be the CEO or an intern.. John Hodges (co-founder and co-head of TV, A24): It was one of those conversations where it was always like, How would we do it differently? And it was usually fueled by beer and things scribbled down on napkins and a lot of bravado. A24's television division has produced The Carmichael Show, At Home with Amy Sedaris, Ramy, Euphoria and Mr. Corman. Under the Skin reintroduced Scarlett Johansson as a killer alien from outer space (and, more jarringly, a shockingly brave improv performer). Leave it to Jim Jarmusch to make the coolest vampire movie ever. Films distributed by A24 ended up getting nominated for seven Academy Awards that year, including Best Picture (Room), Actress (Brie Larson), Documentary (Amy), and Original Screenplay (Ex Machina). Mr Katz had worked in film financing at Guggenheim Partners, and . But more independent existed then. Starring Kate Berlant + John Early, "A24 Open Doors For Film Production, Finance, And Production - Movie City News", "The rise and rise of A24, a champion of storytelling on screen", "A24 Teams With Plan B & Adele Romanski To Produce And Finance Barry Jenkins', "A24 Tops All Other Single Movie Studios With 18 Oscar Nominations, Taking a Victory Lap 10 Years in the Making", "Hollywood, Disrupted: Inside the Scrappy Film Company that Made "Moonlight" and "The Witch", "Upstart Distributor A24 Is Making Indie Films Exciting Again", "Nicolette Aizenberg Joins A24 As Head Of Publicity", "A24: the brains behind 'The Bling Ring' zing", "Amazon Prime, A24 Announce Exclusive Multi-Year Streaming Deal", "Sasha Lloyd Takes Top International Post At A24", "A24 Says It Will Boost Film And TV Operations With Raise in Bank Credit Line", "A24 To Handle 'Swiss Army Man' Global Release In Company's First World Rights Move; New U.S. Release Date Update", "A24, Oscilliscope, Honora Join New BitTorrent Now Program", "A24 Lands Sundance Film 'Menashe;' First Foreign Language Film For 'Moonlight' Distributor", "The A24 Podcast by A24 on Apple Podcasts", "A24 Founder John Hodges To Part Ways With The Company", "Apple Taps A24 to Produce Slate of Films", "Showtime Networks Inks Output Film Deal With A24", "Indie Film and TV Studio A24 Explored Sale With $3 Billion Asking Price (EXCLUSIVE)", "The Highest Grossing A24 Movies Of All Time", "Netflix Wins A24 Series Package 'Beef' With 'Minari' Oscar Nominee Steven Yeun & Ali Wong From Creator Lee Sung Jin", "A24 Checks in to VivziePop's Hellish 'Hazbin Hotel', "check in at hazbinhotel.com #hazbinhotel", "Suzanna Son Joins The Weeknd & Lily-Rose Depp In 'The Idol' As HBO Hands Music Industry Drama Series Order", "Ramy Youssef Amazon Animated Series Sets Main Cast, Including Alia Shawkat, Mandy Moore, Chris Redd (EXCLUSIVE)", "Jodie Comer To Star In Series Adaptation Of Jen Beagin's Sex Therapy Novel 'Big Swiss' For HBO From A24 & Adam McKay's Hyperobject Industries", "Janelle Mone To Star As Icon Josephine Baker In A24 Series 'De La Resistance'; Streamers In The Hunt For Buzz Package", "Emma Stone's Fruit Tree, A24 to Develop 'Flicker in the Dark' Series at HBO Max (EXCLUSIVE)", "A24 Boards Shane Meadows' BBC Drama 'The Gallows Pole,' George MacKay Among Cast", "A24 Teams With Judith Godrche And ARTE For TV Comedy Series 'Icon of French Cinema', "Amazon Pilots Shoplifting Comedy 'Lifted' Starring Ivy Wolk, Veronica Taylor, Kate Godfrey & Annie Marie Elliot From Liza Mandelup, Mary Bronstein & A24", "A24, Square Peg to Develop Adrian Tomine's 'The Loneliness of the Long-Distance Cartoonist' as TV Series (EXCLUSIVE)", "A24 Wins Hot Novel 'Memorial' By Bryan Washington For TV Division", "Greta Lee To Star In, Write & EP Series Adaptation Of Cathy Park Hong's Book 'Minor Feelings' With A24", "A24 Sets Kelly Reichardt and Michelle Williams Reunion, Plus Amy Adams TV Project", "Robby Hoffman Comedy 'Rivkah' In Works At Showtime", "Rashida Jones To Headline Dark Comedy Series 'Sunny' Ordered By Apple TV+ From A24", "Michelle Buteau Lands Comedy Series 'Survival Of The Thickest' At Netflix As Part Of Expanded Relationship", "Robert Downey Jr. To Co-Star In Drama Series Adaptation Of Viet Thanh Nguyen's 'The Sympathizer' For HBO And A24; Park Chan-wook Directing", https://en.wikipedia.org/w/index.php?title=A24&oldid=1142754185, This page was last edited on 4 March 2023, at 05:10. Like, standing ovation, fucking applause in the middle of the movie. The company may be a lovely acquisition target for a buyer seeking an arthouse pipeline,but A24 is still building itself as a brand one that is synonymous with quality. Love that movie. When it wasnt us. 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. Tinder was yelling at us. We sit in. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement.. 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. Their whole point was, We dont know this world. You were in the A24 offices. Eggers: In the very beginning, when we went to Sundance initially, I didnt think that this was going to have such a large audience. Korine: I dont think I was there, but I heard people were walking out. I found it so deep in Google Image searches. Sacco: Gun bongs. So I think they were hoping, and discovering, that they might be able to do that with The Witch. Fenkel: [Katz] is a better runner than I am. And I was just acting! The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Fenkel: One thing we notice is now people are saying, Oh, good job. And then it was consolidation. So that was like their heyday. NetWorthSpot.com's industry expertise thinks A24's net worth at $1.89 million, but A24's finalized net worth is still being verified. John has been a trusted partner who helped conceive A24 and for that we will always be grateful. 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. It was millions in one day. 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. The whole thing was really intense. All contents 2023 The Slate Group LLC. Starring Splits Anya Taylor-Joy, Robert Eggers creates a world devoid of God in this thunderous and bleak religious melodrama. But youre like, Why didnt other people see that? I have no idea. But we liked them. Beyer: I remember when we had Room, like, six months after Ex Machina or something, Fenkel was like, Whats the Tinder for Room? And I was like, No, no! But if it is, a monastic degree of focus will be required to recognize which A24 titles might fare better on VOD. 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. Hodges. James Franco (actor, Spring Breakers, The Adderall Diaries): This is one of the things theyre great at: taking something small and delicate and giving it the kind of support that other people cant. In recent years, the recession and the concurrent rise of VOD streaming services have already torpedoed the midbudget movie. [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. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24 in a statement. People had thought that entire part of the industry had just died. But I put no limitations on what theyre capable of. We had a good history. They kept shutting us down. Since its inception in 2012, A24 has become one of the hottest destinations for indie filmmakers, ushering such edgy films to theaters as The Bling Ring and Spring Breakers. 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. 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. Good A24 films anticipate the zeitgeist, and the best ones galvanize it. And you can really see over the past few years, it really, really hasnt at all. Fenkel: I stare straight ahead. Our site's data suggests A24's net worth to be about $1.89 million. And I was ready to say: It was me! The only monsters we ever see in "It Comes at Night" are the ones that live under one roof. I liked the fact that they had never made a doc. Information. We tried to get the Union Square movie theaterwe didnt have a theatrical booking yet. Logo by GrandArmy Photos via A24. And they even never uttered the words, What would it be like in a cheaper state? Not heyday. Sacco: Frances Ha was the first heartbreak. David Fenkel (co-founder, A24): We find movies [for which] our perspective, our system, our people, can act to make it something special. And I think A24 and companies like that areyou know, people want to go to the cinema. A24 thinks hard about the landscape of distribution, and they think hard about the models, and the models are changing. As of 2023[update], the company's films had received a total of 49 Academy Award nominations. But I feel that the fact that it was their first filmthere was a lot of idealism around the process. I am incredibly proud of the company we created and of the amazing team at A24 that has been integral to its success. God bless em. If theaters are to remain something more than a repository for superhero movies, everybody might have to be. Sacco: I show up at the airport. It would be fascinating for just the unnerving dread of an awkward gathering of friends, but Kusama then provides the film a killer twist. Its not remarkable that A24 had set such a goalits remarkable that the company is accomplishing it. So I just called the guy. Pattinson: I mean, with Twilight, the first tour we did was literally going to suburban shopping malls and doing local-news stuff. [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. Notable guests on the show have included Bo Burnham, Paul Schrader, Sofia Coppola, Alia Shawkat and Martin Scorsese. Sacco: It was my first festival ever. Thats someone else. That suits a company whose websites About page consists of nothing beyond an Eadweard Muybridge plate of a cockatoo flapping its wings. These films speak for themselves. Please, just let those two!. 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. Alex Garland (director, Ex Machina): They make things work that according to standard procedures really shouldnt work. Franco: I would bet that [Alien] was one of the biggest, most popular Halloween costumes that year. Katz: We get there. Company Details: And on some level, honestly, I was afraid to go out on my own and try to make it work. And it just kept getting better and better and better. They had faith that people would continue to show up. The second title was Life After Beth, the domestic theatrical haul of which was a paltry $88,273. A24 (company) net worth 174 Million Millions of dollars 99% Net worth score Disclamer: A24 (company) net worth displayed here are calculated based on a combination social factors. Losing a movieI wanted to jump off a bridge. All the actors had taken the risk. And we got Best Picture [also for Room]. And integral and critical for the film to rise on its own feet. Colin Farrell (actor, The Lobster, The Killing of a Sacred Deer): They have such a great eye for these small little films and rich and unique stories that may have not found it to the big screen if it wasnt for them. A24, which was founded in 2012, said that no additional changes in management will be made.
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