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A24 Films LLC
A24
FormerlyA24 Films (2012–2016)[citation needed]
Company typePrivate
IndustryEntertainment
FoundedAugust 20, 2012;12 years ago(2012-08-20)[1]
Founders
  • Daniel Katz
  • David Fenkel
  • John Hodges
Headquarters31 West 27th Street,,
United States
Number of locations
2 (2016)
Area served
Worldwide
Key people
Products
Services
OwnerDaniel Katz
Number of employees
295[2](2021)
DivisionsA24 Music
A24 Television
A24 International
A24 All Access (AAA24)
Subsidiaries2AM(backing)
Websitea24films

A24 Films LLC,commonly referred to asA24,is an Americanindependententertainmentcompany that specializes infilmandtelevisionproduction, as well asfilm distribution.The company is based inManhattan.[1]

The company was founded in 2012 by Daniel Katz, David Fenkel, and John Hodges.[3]Prior to A24, all had worked extensively in film and production before leaving their positions to co-found the company, originallyA24 Films,which specialized in film distribution. Starting off in 2013 withA Glimpse Inside the Mind of Charles Swan III,the company's growth started with the release ofSpring Breakerslater that year. In 2014, A24 picked up the U.S. rights toEx MachinaandRoomin 2015, before obtaining worldwide rights toThe Witch,which was released theatrically in 2015.[4]They entered into deals withAmazon Prime Video,andDirecTV Cinemain late 2013, with some films distributed through them, and the name was changed to just A24 in 2016.[citation needed]In 2022, A24 distributed the filmEverything Everywhere All at Once,which won theAcademy Award for Best Pictureand six moreOscars;the film has also received acclaim from both audiences and critics.[5][6][7]

A24's television division has producednumerous programs,includingAt Home with Amy Sedaris(2017–2020),Beef(2023),The Carmichael Show(2015–2017),Euphoria(2019–present),I'm Sorry(2017–2019),Irma Vep(2022),Mo(2022–present),Mr. Corman(2021),Ramy(2019–2022), andZiwe(2021–2022).[8]

The company has also frequently worked with artistically minded writer-directors, includingDarren Aronofsky,Ari Aster,Sean Baker,theDaniels,Robert Eggers,Alex Garland,Rose Glass,Joanna Hogg,Yorgos Lanthimos,David Loweryand theSafdie brothers.[9][10][11]

A24 has developed a reputation as a powerhouse inindependent filmwith a passionate fanbase.[12][13][14]Its projects have also had a major influence on style in contemporary horror and arthouse films, among other areas.[15][16][17]A24 is also known for the originality and artistic style of films it produces, generally shunning the style of films produced or released by themajor film studios.[5][17][18]

History

2012–2013: Founding and early years

A24 was founded on August 20, 2012, by film veterans Daniel Katz, David Fenkel, and John Hodges.[3]Katz formerly led the film finance group atGuggenheim Partners,Fenkel was the president, co-founder and partner atOscilloscope,and Hodges served as "Head of Production and Development" atBig Beach.[3]The name "A24" was inspired by the ItalianA24 motorwayKatz was driving on when he decided to found the company.[19]

Guggenheim Partners provided theseed moneyfor A24. The company was started to share "movies from a distinctive point of view".[20]In October 2012, Nicolette Aizenberg joined as head of publicity from 42West where she was senior publicity executive.[21]

The company began its distribution of films in 2013.[22]The company's first theatrical release wasRoman Coppola'sA Glimpse Inside the Mind of Charles Swan III,which had alimited theatrical release.Other 2013 theatrical releases includedSofia Coppola'sThe Bling Ring,Harmony Korine'sSpring Breakers,James Ponsoldt'sThe Spectacular Now,andSally Potter'sGinger & Rosa.[19][23][24][25]

In September 2013, A24 entered a $40 million deal withDirecTV Cinema,where DirecTV Cinema would offer day-and-date releases 30 days prior to a theatrical release by A24;Enemywas the first film to be distributed under the deal.[26]That same year, A24 entered a deal withAmazon Prime,where A24-distributed films would be available onAmazon Instant Videoafter becoming available onBlu-rayandDVD.[27]

2014–2017: Television and later productions

In May 2015, A24 announced that it would start atelevisiondivision and began producing theUSA NetworkseriesPlaying House,as well as working to develop a television series that would later becomeComrade Detective,produced byChanning Tatum.The company also announced that they would also finance and developpilots.[28]

In January 2016, Sasha Lloyd joined the company to handle all film, television distribution and business development in the international marketplace.[29]The company, with cooperation fromBank of America,J.P. Morgan & Co.andSunTrust Banks,also raised itsline of creditfrom $50 million to $125 million a month later to build upon its operations.[30]In April, the company acquired all foreign rights toSwiss Army Man,distributing the film in all territories, and partnering with distributors who previously acquired rights to the film, a first for the company.[31]In June, the company, along with Oscilloscope and distributor Honora, joinedBitTorrent Nowto distribute the work of their portfolio across the ad-supported service.[32]

In January 2017, the company acquired the United States and Chinese distribution rights for their first foreign language film:Menashe.[33]

2018–2019: Management changes and partnerships

On February 28, 2018, A24 launched apodcasttitled "The A24 Podcast".[34]Episodes are based around a discussion between two members of the film industry. Guests on the podcast have includedBo Burnham,Sofia Coppola,Paul Schrader,Martin Scorsese,andAlia Shawkat.Despite lacking any pre-defined structure, episodes generally contain discussions around recent works of the two guests, allowing for branching discussions to other areas. The first two guests wereBarry Jenkins(director of A24'sMoonlight) andGreta Gerwig(director of A24'sLady Bird), who both discussed what it's like to make a movie about the place they grew up.[35]As of October 18, 2023, 38 episodes have been released.[36][37][38]

On March 26, 2018, co-founder John Hodges announced that he was exiting the company.[39]On November 15, 2018, A24 andAppleannounced that they had entered into a multi-year partnership where A24 will produce a slate of original films for Apple. This was not afirst-look deal,meaning that A24 can continue to produce and acquire films to release outside of the deal, and that it would not affect previous deals that A24 had signed with other companies. It is currently unknown if this slate of films will have a theatrical release or be exclusive to Apple's streaming service:Apple TV+.[40]

On November 13, 2019, A24 entered into a premium cable television broadcast deal withShowtime Networks,covering all film releases through November 1, 2022. The deal excludes films that are already part of the Apple partnership.[41]

2020s–present: Academy Awards triumph, further agreements, and expansion

In July 2021, A24 explored a possible buyout for between $2.5 billion to $3 billion.[42]In January 2022, formerHBOandAmazon MGM StudiosTV executive Nick Hall joined A24 to oversee creative for the company's growing television slate.[43]In April 2022, the company released its membership "AAA24" forsubscription;members' benefits include early access to merch drops, exclusive merch for members only, monthly merch discounts for members, and azineevery four months.[4]

In March 2023, A24 became the first independent studio to sweepBest Picture,Best Director,and all four acting categories in a single year at the95th Academy Awards.[44][45][46]That same month, the company bought distribution rights to two older films released before the company's inception, starting withDarren Aronofsky'sPi(1998) andJonathan Demme'sStop Making Sense(1984), both of which areremastered versions.[47][48][49][50]

In May 2023,Leonine Studios,a German independent film distributor, partnered with A24 to set up a joint label called "A24 | Leonine Studios", which will distribute films in Austria and Germany.[51]The next month, it was reported that formerDisney General EntertainmentChairmanPeter Ricesigned a deal with A24 as an independent producer, agreeing to co-finance films for global distribution.[52]

During the2023 Hollywood labor disputes,which took place from May 2 to November 9, A24 was approved to continue filming and promotional activities since they do not have ties to theAlliance of Motion Picture and Television Producers(AMPTP).[53]

In October 2023,TheWrap's Umberto Gonzalez exclusively reported that A24 is planning to expand its "strategy fromarthouse filmsto more commercial films ", including" action and big IP projects ". According to one production executive from the company, A24" took a beating ondramas,especially the ones they made, "the top agent said. The production exec added that A24 would still acquire dramas, but would move away from making as many of them." Theauteurbusiness is a lousy, high-risk business that does not attract potential buyers... That's a big problem if you're looking to sell or seek additional investment, "another top agent toldTheWrap.This decision has been met with mixed responses from some journalists; Jordan Ruimy, creator/writer/editor-in-chief of the websiteWorld of Reel,wrote: "I just hope this isn't a total reversal of A24's indie production sector into full-on commercial movies. Hopefully, the broader strategy of acquiring good movies and platforming them is still intact."[54][55][56]That same month, A24 forged an exclusive output deal with "Happinet Phantom Studios" covering the distribution in Japan of A24's upcoming releases; this marks A24's first major international theatrical output deal. The companies will also build A24brand awarenessacross the region, and deepen relationships with local talent and audiences off screen beyond film releases.[57]

In association withPrime VideoandFox Entertainment'sBento Box Entertainment,A24 launched its first animated project: the adult musical comedy seriesHazbin Hotel.The eight-episode first season premiered on January 19, 2024, on Prime Video; it received a two-season order.[58][59][60]However, the first episode was made available to watch, for free, onYouTubeon January 18, with the first four episodes subsequently released on Prime Video the following day as scheduled.[61]The series, which had been long in the works, is based on series creatorVivienne Medrano's animated pilot released on YouTube in 2019.Hazbin HotelfollowsCharlie Morningstar(voiced byErika Henningsen), the princess ofHell,as she pursues her seemingly impossible goal of rehabilitatingdemonsto peacefully reduceoverpopulationin her kingdom. After a yearly extermination imposed byangels,she opens ahotelin the hopes that patrons will be "checking out" intoHeaven.[58][62][63]At the 2023New York Comic Con,the cast was unveiled and it was announced that fans would be able to get digital access to the first two episodes at "HazbinHotel" before they were released on Prime Video, plus exclusive merchandise only available during the presale; early access episodes are available to stream for a limited time on the A24 App.[64]

In January, 2024, it was announced that A24 struck a deal withUnited Talent Agency(UTA) to produce scripted and unscripted television via the latter's Civic Center Media banner. The deal will see Civic Center Media given resources for development and production via A24. UTA stressed that Civic Center Media will work with talent from all agencies and UTA will continue to work with all studios, with A24 similarly continuing to work with all agencies. "We are excited to partner with A24," said UTA CEOJeremy Zimmer."Their brand stands for quality and originality, and we believe the Civic Center Media collaboration will provide a great experience for writers, actors, directors and IP holders."[65]

Film library

A24 produces and distributes about 18 to 20 films annually.[20]It has also served as producer or distributor for several dozen television shows, includingAt Home with Amy Sedaris(2017–2020),Beef(2023),The Carmichael Show(2015–2017),Euphoria(2019–present),I'm Sorry(2017–2019),Irma Vep(2022),Mo(2022–present),Mr. Corman(2021),Ramy(2019–2022), andZiwe(2021–2022).[8]

The action thrillerCivil War(2024), written and directed byAlex Garland,is A24's most expensive in-house production yet, holding a budget of $50 million.[66]The film is described as "an adrenaline-fueled thrill ride through a near-future fractured America balanced on the razor's edge";Kirsten Dunststars in the lead role as a reporter.[67][68][69]Civil Warwas released in the United States on April 12, 2024, having been moved up from a release date of April 26, 2024.[70][71]

Highest-grossing films

Everything Everywhere All at Once(2022) is currently A24's highest-grossing film and the first film of the company to cross the $100-million mark worldwide.[72]


Highest-grossing films in North America
Rank Title Year Domestic gross
1 Everything Everywhere All at Once 2022 $77,191,785[73]
2 Civil War 2024 $68,603,430[74]
3 Uncut Gems 2019 $50,022,787[75]
4 Lady Bird 2017 $48,959,272[76]
5 Talk to Me 2023 $48,299,434[77]
6 Hereditary 2018 $44,069,456[78]
7 The Iron Claw 2023 $34,735,272[79]
8 Moonlight 2016 $27,855,933[80]
9 Midsommar 2019 $27,424,363[81]
10 Ex Machina 2015 $25,444,959[82]
Highest-grossing films worldwide
Rank Title Year Box office gross
1 Everything Everywhere All at Once 2022 $144,414,740[73]
2 Civil War 2024 $121,740,228[83]
3 Talk to Me 2023 $92,039,205[77]
4 Hereditary 2018 $82,850,595[78]
5 Lady Bird 2017 $78,989,474[76]
6 Moonlight 2016 $65,171,616[80]
7 The Whale 2022 $54,883,205[84]
8 Uncut Gems 2019 $50,022,787[75]
9 Midsommar 2019 $48,060,188[81]
10 The Iron Claw 2023 $44,012,883[85]

Styles and themes

The company distributes and produces artistic, psychologically disturbing, and mind-bendinghorror filmsoften referred to as "elevated horror".[16][86][87][88]Most of these films share a similar approach, including ambiguity, bleak atmosphere, disruptive formulas, outbursts of violence, psychological dilemmas, and realistic character drama; these includeHereditary(2018),It Comes at Night(2017),The Killing of a Sacred Deer(2017),Men(2022),Under the Skin(2013), andThe Witch(2015).[89]The term also refers togenre filmswith a seemingly more artful sensibility than most fare, plus a focus on dramatic themes such as grief and trauma.[90]

Influence

In October 2023, Scorsese revealed in an interview withThe Irish Timesthat Aster's films helped to inspire the tempo of his own filmKillers of the Flower Moon(2023), adding that timing is crucial for a film that's three-and-a-half hours long, stating: "I very much like the style and pacing of good horror films like Ari Aster'sMidsommarorBeau Is Afraid.The pacing of those films goes back to theB filmsofVal Lewton,Jacques Tourneur'sCat PeopleorI Walked with a Zombie.Just going a little slower, a little quieter. "[91]Scorsese again name checked Aster in another interview that same month, this time with Spanish outletSER,saying: "I think the rhythm of good horror movies, such as those of Ari Aster,Beau Is AfraidorMidsommar,is here... It has to do with the fact that they allow me to make the pace calmer. "[91]

Accolades

As of the95th Academy Awards,A24 has received a total of 55Academy Awardnominations, winning 16 overall.[45][92][93]

Additionally, A24 has been nominated and won numerousBritish Academy Film Awards,Critics' Choice Awards,Golden Globe Awards,Independent Spirit Awards,andScreen Actors Guild Awards.[98][99][100]

Reception

"A24 is a business whose aspirations are unlimited," said one high-level Hollywood executive. "They're not trying to becomeFocus [Features].They want to become a big media company. "[101]

FilmmakerDavid Lowery(director of A24'sA Ghost StoryandThe Green Knight) praised A24, saying: "The great thing about A24 is that they're always up for a challenge. They remain undaunted; they'll take the most difficult, unsaleable aspect of your movie and turn it into its greatest asset." Fellow filmmakerJames Ponsoldt(director of A24'sThe End of the TourandThe Spectacular Now) also applauded the company, saying: "A24 is remarkable at championing specific cinematic voices because they genuinely adore their films — and that enthusiasm is reflected in the creativity and laser-like precision of their marketing and releases."[15]

Many of the performances in A24 films have received widespread critical acclaim, with many critics and reviewers describing these actor/actress' performances as some of the best of their career.[102]Such performances include:Mahershala Ali's inMoonlight(2016),[103]Awkwafina's inThe Farewell(2019),[104]Toni Collette's inHereditary(2018),[105]Brendan Fraser's inThe Whale(2022),[106]Mia Goth's inX(2022) andPearl(2022),[107]Tom Hardy's inLocke(2013),[108]Brie Larson's inRoom(2015),[109]Greta Lee's inPast Lives(2023),[110]Robert Pattinson's inGood Time(2017) andThe Lighthouse(2019),[111]Joaquin Phoenix's inC'mon C'mon(2021) andBeau Is Afraid(2023),[112][113]Florence Pugh's inMidsommar(2019),[114]Saoirse Ronan's inLady Bird(2017),[115]Adam Sandler's inUncut Gems(2019),[116]Anya Taylor-Joy's inThe Witch(2015),[117]Alicia Vikander's inEx Machina(2014),[118]andKe Huy Quan,Michelle Yeoh,andStephanie Hsu's inEverything Everywhere All at Once(2022).[119][120]

Ari Aster(left) andRobert Eggers(right)

A24 has frequently worked with many artistically minded writer-directors, for most of which the films released by the company pivoted their careers, includingAri Aster,Sean Baker,theDaniels,Robert Eggers,Alex Garland,Rose Glass,Joanna Hogg,Yorgos Lanthimos,David Lowery,and theSafdie brothers.[16][121][122][11]

Auteur filmmakers Aster—director/writer ofHereditary(2018),Midsommar(2019), andBeau Is Afraid(2023)—and Eggers—director/writer ofThe Lighthouse(2019) andThe Witch(2015)—are both notable for their contribution to and influence on modern horror, and partial reinvention and redefining of the genre.[11][123][124][125][126][127]Their films have dealt with and share a lot of similarities in some way, includingfolkloreorsupernaturalforces. Even with their strong similarities, there are differences as well; all three of Eggers' films areperiod pieceswhile Aster's all take place in modern times. Aster also seems to take conventional horror and put his own modern spin on it to inspire some genuinely uncomfortable fear in viewers while Eggers takes conventional horror and throws it out the window to transport viewers to another world with his uniquedialogueandcinematography.[11][128][129]Both have been cited as two of the top horror directors of the 2010s while their films have received widespread critical acclaim and deemed as some of the best horror films of the 2010s.[130][131][132]During a Q&A forBeau Is Afraidin 2023, renowned and veteran filmmakerMartin Scorsesedubbed Aster "one of the most extraordinary new voices in world cinema".[133]

Later in 2023,Talk to Me(2022), directed by twin brothersDanny and Michael Philippou,and released theatrically in the United States on July 28, became a triumphant success at thebox officeand surpassedHereditaryas A24's highest-grossing horror film domestically with a running total of $44.5 million on September 3.[134][135][136]The film received positive reviews from critics, who praised its story, direction, horror sequences, practical effects, sound design, and performances.[137]In a statement toNewshub,filmmakerPeter Jacksonhighly praised the film, saying: "Talk to Meisn't just good – it's very very good. The best, most intense, horror movie I've enjoyed in years. "Aster,Stephen King,George Miller,andSteven Spielberghave all praised the film as well.[138]A sequel is currently in development.[139]

However,John CarpenterandJordan Peele,filmmakers most commonly associated with horror, have denounced and rejected this term and style of horror. In an interview withThe A.V. Club,Carpenter was perplexed by the topic, saying: "I don't know what that means... There's metaphorical horror. But all movies have. They don't have messages. They have themes. Thematic material and some horror films have thematic material. The good ones do."[140]In a separate conversion, Peele toldThe Verge:"I don't want people to think that I'm trying to make 'elevated' films. I think that's a trap that I don't quite appreciate."[90]

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