Anything in between is dead in the water. Love that movie. When it wasnt us. 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. A24, which was founded in 2012, said that no additional changes in management will be made. John Hodges (co-founder and co-head of TV, . But youre like, Why didnt other people see that? I have no idea. But I feel that the fact that it was their first filmthere was a lot of idealism around the process. The world opened itself up. And it satisfied something they werent getting. When your audience does the work for you. We wish Hodges the best of luck with his next endeavor, since the indie landscape has certainly benefited from his contributions. Like I had glandular problems. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement. 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. I think when we started [2016], it was another, like, what Id consider a building year. GQ Style. And theyre aiming at them. Slate is published by The Slate Group, a Graham Holdings Company. Focused on High Net Worth Policy holders where policy coverage exceeds $1 million. The photo has been replaced. 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. Sign up for THR news straight to your inbox every day. The photo has been replaced. Aizenberg: We had a couple movies in there that we tried to force into making, like, event-y theatrical, and they werent. We step up to a guy we really respect. Which is vanishingly rare in the film industry. Hes not gonna be able to do this right now. Our first release. Fenkel: We test-screened [Spring Breakers] in downtown Manhattan. Fenkel: [Katz] is a better runner than I am. This story appears in the summer issue of GQ Style. Photos courtesy A24, by Alberto E. Rodriguez/Getty Images, and Janette Pellegrini/WireImage/Getty Images. It was like being in some kind of arena. Description. Subscribe for full access to The Hollywood Reporter, As one of the founding members of the New York-based company, Hodges played a key role in putting A24 on the map, culminating with last year's best picture winner, 'Moonlight.'. 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. . Ainzenberg: I remember I went and had to meet with Selena Gomezs team to prove that we were real people and we were gonna be legitimate in releasing the film. The films backers will be made whole, its makers will get another chance at bat, and its distributors will continue to enjoy the financial solvency provided by the DirecTV dealnot to mention the $50 million line of credit the company secured last fall. He booked the theaters over the phone. Franco: All the distributors knew it was great. Halfway through the campaign, I think it went the other way. And they did. It specializes in film distribution, and film and television production. I dont even look at him. Agent. The initial agreement covered 12 films, the first of which was Denis Villeneuves jaundiced doppelgnger freakout, Enemy, starring Jake Gyllenhaal. We want to go two thousand screens. 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. And someone was like, Where did those images come from? And I was like, Google? Sacco: Youre not like, Oh, we got a Best Picture winner! Youre just like, Oh, we got a great movie.. But the back end was so crazy. 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. 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. Barry Jenkins (director, Moonlight): A24s the kind of company where they say, Yeah, they dont need to know what its about. I agree with TheWrap's Terms of Service and Privacy Policy and provide my consent to receive marketing communications from them. 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? There are more glamorous things to be, in Hollywood, than an independent distribution company. Sacco: It was my first festival ever. Some dissatisfied customers later accused the marketing campaign of misrepresenting the movie as a fun adolescent romp. Eddie Guy. Wed be like, Heavey, just make sure hes alive and you can get him to communicate.. I say, Dont go there. Because what happened was, someone ran out with a red envelope. Earlier this year I was drinking in a hotel bar with the head of another distribution company at a film festival. And that takes time. Fenkel: In LA, every meeting is about the hot air. Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. I think what theyve understood is theres a sufficient number of people out there who want more challenging or different material. Its DirecTV/A24 release grossed $229,094 and never played on more than 54 screens. Probably the best place to screen-test the movie. And it was like a snowy and rainy day, and there was a ton of traffic. This was not a first-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. Sacco: We probably saw 20 versions. And [my producer] kept saying it, and I kept thinking, Okay, at some point Ill figure out what hes talking about. Itd be very unlikely for that to happen. I dont think it was related to her professional career. Signed on as producer beginning with the third season. 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.. 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]. Sacco: And people on planet Earth, you know, they go see movies that they need to want to see or hear about. I asked him what he wants his company to be. Without the same star power or effects as your typical studio horror film, these scary movies rely on mood, style and character to create a feeling of dread, rather than jump scares. I Just Raised The Oscar At Them. Please, just let those two!. The company offered no additional details other than to say his vacancy would not lead to any additional changes in management. Coppola: That was the worst. Johnny Hodges Net Worth. But I think she saw this, and it hijacked her image and personality, and we didnt ask her. 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. Nandan: I remember seeing a screener of [The Witch], and yeah, it was like, oh, right, howd that movie not sell for more money? 2023 Variety Media, LLC. Asif Kapadia (director, Amy): I had never heard of A24. How A24 is Disrupting Hollywood. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Sundance, SXSW Comedy 'Never Goin' Back' Sells to A24. Aizenberg: There was a week in January where we dropped the trailer of Spring Breakers. Of the 174 million impressions that the movie made in the weeks leading up to its debut, 49 percent were organic, meaning that you were just as likely to learn about a new Harmony Korine film from your weird aunts personal page as you were from a promoted update in your news feed. Daniel Katz and David Fenkel will continue to oversee the NYC-based indie. And it was the hair and makeup people. Its not remarkable that A24 had set such a goalits remarkable that the company is accomplishing it. Its exciting. 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. Hodges, along with Katz and Fenkel, largely shunned the spotlight, giving few interviews even as A24 made a name for itself by releasing edgier, filmmaker-driven fare from directors such as Lenny Abrahamson, Alex Garland, and the Safdie Brothers. Harmony Korine (director, Spring Breakers): They have balls. [19], In January 2017, the company acquired the United States and Chinese distribution rights for their first foreign language film, Menashe. And although it describes itself as Midnight Madness, the film didnt start until close to one oclock in the morning. "I'm thrilled to be joining the team at Jax,". So, um, well done, A24! 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. It is based in New York City . Kapadia: There were other films that had a lot more money in their campaign and were everywhere. Thats not a go-wide movie. That company and the old Miramax and Fox Searchlight had a real brand and a hold on their audience. Or a director. Since then, A24's success has been immeasurable, especially for an independent Production company founded the same year The Avengers came out. If I had to guess, Id wager that Hodges was simply ready to move on after reaching the top of the mountain winning Best Picture for Moonlight. As of April 2022[update], twenty-seven episodes had been released. All rights reserved. An A24 film has an affinity for subverting a celebritys established persona. Ali Herting (acquisitions and development, A24): We were never gonna get Place Beyond the Pines. 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 . 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.