He recently profiled Conor McGregor for GQ Style. Tinder was yelling at us. 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. Oh my god, its new! All rights reserved. You know what? Trench coat was enough. Surely theyve learned by now that theres a ceiling for arthouse films these days. Villeneuve: If my memorys good, I was amongst their, not their first movies, but they were a young company at the time. The deal, intended to grant A24 the capital it needed to grow and DirecTV some much-needed cultural cachet, stipulated that the two companies would jointly acquire new titles, and that those titles would be eligible to premiere on DirecTVs on-demand platform 30 days prior to a theatrical release. A24 is not like other entertainment companies. Asif Kapadia (director, Amy): I had never heard of A24. Fenkel: We knew we were releasing the movie. They kept shutting us down. All contents 2023 The Slate Group LLC. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. Selena and Ashley had no issue with this. And I think it is down to companies like A24. Lets do Kevin Smith horror! Deploying for Major CAT Events, tornadoes . a24 john hodges net worth. But youre like, Why didnt other people see that? I have no idea. (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.) All Rights Reserved. As of April 2022[update], twenty-seven episodes had been released. Eggers: People always want to do bigger and better the next time, you know? Hodges teamed with Daniel Katz and David Fenkel to launch the company, which is based in New York City. Theyre making people want to go to the cinema again to see this kind of stuff, rather than staying at home. All Rights Reserved. Gif excerpt from the film Ex Machina via A24 Films. Jenkins: I dont know if [Moonlight] was a glittering jewel of a project. 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. No way., Katz: It was just like, Wait. With Hodges leaving, the. 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Rowling More Grace and Listen to Her, Britain's $4 Billion Boss: ITV Chief Carolyn McCall Bets It All on Talent, 2023 Music Festivals: How to Buy Tickets to Coachella, Governors Ball, Lollapalooza and More. 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. [6] The name "A24" was inspired by the Italian A24 motorway Katz was driving on when he decided to found the company; coincidentally, the motorway is also renowned in Italian film history as the setting of many small Abruzzan towns and rural landscapes employed in the films of neorealist and surrealist masters. We wanted to deliver in a meaningful way. Key grip. The only monsters we ever see in "It Comes at Night" are the ones that live under one roof. Nandan: I remember seeing a screener of [The Witch], and yeah, it was like, oh, right, howd that movie not sell for more money? Gif excerpt from the film The End of the Tour via A24 Films. It would be fascinating for just the unnerving dread of an awkward gathering of friends, but Kusama then provides the film a killer twist. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement.. We tried to put together a slate in, like, four months, as opposed to just really growing it, building it in the right way. Aizenberg: When I came to A24, they had Charles Swan already. Scarlett Johansson gives the most daring performance of her career in Jonathan Glazers surreal, experimental film. Aizenberg: When I started, we didnt have Spring Breakers yet, but the whole focus of that very first meeting I went to was like, How do we get Spring Breakers? This fall A24 enters the awards race in a serious way for the first time, with two movies: the accessible David Foster Wallace biopic The End of the Tour, and the Brie Larsonstarring literary adaptation Room, which recently won the coveted Peoples Choice Award at the Toronto International Film Festival. I think he would say something now. The company also announced that they would also finance and develop pilots. And I think A24 and companies like that areyou know, people want to go to the cinema. And that question is the birth of fandom. On the most literal level, an A24 film is budgeted from anywhere between $1 million (Obvious Child) and $20 million (A Most Violent Year). Still, A24 has never enjoyed a box-office breakout hit. Aizenberg: That first private plane didnt make it to Austin. John. I dont think that switch in psychology is supposed to happen that dramatically, or that abruptly. 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? Katz: Harvey Weinstein called the agent and said, How could you give a Sofia Coppola movie to this new? I can only imagine. Wed be like, Heavey, just make sure hes alive and you can get him to communicate.. 2023 The Hollywood Reporter, LLC. Its DirecTV/A24 release grossed $229,094 and never played on more than 54 screens. In September 2013, A24 struck a partnership valued up to $40 millionwith satellite television provider DirecTV. Harmony Korine (director, Spring Breakers): They have balls. Sacco: We probably saw 20 versions. 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. Igoe: That morning was crazy. Johansson plays something between an android and alien symbiote who seduces men in order to envelop them in a dark, infinite pool of nothingness. Quite often you finish a film, he told me, youve had no contact with the distributor, you hand it to them, you get a quick look at the poster. The first: Barry Jenkins Moonlight, which chronicles a gay mans coming of age across three stages of his life in war on drugsera Miami. Katz, Fenkel and Hodges all got together in 2012 and decided to make their late night yammerings a reality. And I think that really helped the movie. The companys expansion into film is a natural progression as the company continues to produce scripted and non-scripted television as well as stand-up comedy specials. Aizenberg: I remember that Sunday we all got on the phone and were like, Were going over a thousand screens.. Fenkel: I think we had to sell them on, like, Hey, were gonna push this thing.. 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.'. David Fenkel (co-founder, A24): We find movies [for which] our perspective, our system, our people, can act to make it something special. Because they didnt expect the traffic. And then over the course of, like, four months, we bought a lot of movies. 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 . Variety is a part of Penske Media Corporation. No one cared about our language or our clothes. Our site's data suggests A24's net worth to be about $1.89 million. I go, Huh., It Sucks, Man. Aizenberg: Ex Machina winning for visual effects was the most shocking thing. It was a perfectly good jet! John Hodges is a producer and the founder of A24 alongside David Katz and David Fenkel. No one had a voice. It could be the CEO or an intern.. Sacco: It was my first festival ever. It was like two hours before, and they were like, Hes not gonna make it. And they were like the third guy at the company. Fenkel: And we did this, like, illegal Tinder stuff. He later left A24 on March 2018 to focus on future opportunities. 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. James Ponsoldt (director, The Spectacular Now, The End of the Tour): Ive heard people refer to Miramax. The fact theyre vampires might just be an excuse for them to wear sunglasses indoors. And it was like. And we put in Oscar statues in his hands. And Under the Skin, from Jonathan Glazer, is one of my favorite movies in the past 15 or 20 years, you know? People want to see movies. How do you know when an ad campaign is working? 10001 NEW YORK, USA. No!. By surgically inserting each release into the zeitgeist, it has paved a new road for provocative, modestly sized cinema, bridging the gap between microbudget indies and monolithic studio products in much the same way Italys Autostrada A24 connects Rome to Teramo. 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. I Just Raised The Oscar At Them. With Hodges leaving, the. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24. All Rights Reserved. junio 12, 2022. cottage for sale in timmins on . Zach Baron is GQs staff writer. [26], In July 2021, A24 reportedly explored a possible buyout for between $2.5 billion to $3 billion. And then we opened. Nathan (Oscar Isaac) and Kyoko (Sonoya Mizuno). And then you meet Barry and hear Barry talk, and its like, Of course! 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. SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKE, Sundance, SXSW Comedy 'Never Goin' Back' Sells to A24. So Im showing up to the airport with no luggage and a cardboard box with duct tape wrapped around it. The photo has been replaced. All rights reserved. Please! [laughs] I mean, I doubt that, because I know the people that work there. Mahershala Ali (actor, Moonlight): I definitely have a lot more opportunity right now than Ive ever had before. An Industry Arts Company. That was tough. You lost. Its exciting. Dont get left behind. John Heavey (distribution, A24): Especially the first two years, we fell in love with every movie. John Hodges (co-founder and co-head of TV, . And theyre aiming at them. Everybody was talking a few years ago how cinema had died. [16] The company, with cooperation from Bank of America, J.P. Morgan & Co. and SunTrust Banks, also raised its line of credit from $50 million to $125 million a month later to build upon its operations. A mother undergoes reconstructive facial surgery, but her two twin boys dont recognize the woman beneath her bandages. Apply Bed Bath and Beyond Coupon and save 25% Off your entire purchase, Target Circle: up to 50% Off with Target promo code, Save 25% on your purchase of Spring Styles with Asos Coupon, Michael Kors Promo Code: sign up for KORSVIP + Get 10% Off on First Order, 2023 Cond Nast. [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 fact that we were able to sign any movies out of that office is absurd. [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. 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. Like, there was one that was like the shotit was [Francos character] Alien with the two girls, and hes holding machine guns or something. 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. But in a shift from its typical way of doing business, A24 acquired Room based on its script, before shooting had even begun. In the last few years, there have been a spate ofindie horror films that have broken into the mainstream. And weve been so consistent about thanking them. Deadline is a part of Penske Media Corporation. Worst case, youll get the trench-coat crowd. You know what the trench-coat crowd is? I think that was Nicolette, actually: Consider This Shit.. When your audience does the work for you. Distribution: Theatrical, TV, DVD-video, VOD, USA. Hodges previously served as head of production and development at Big Beach Films and exec produced "Our Idiot Brother" and "Safety Not Guaranteed.". Its like, oh, this person has no idea what Moonlight is, and it just won Best Picture. That didnt come with any veto rights or cut rights, Abrahamson told 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, added Hodges. Steven Soderbergh retired. Spike Lee turned to Kickstarter. Although A24's actual net worth is not known. 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. And when youre a loser, you think for a split second, Maybe they got it wrong. All the actors had taken the risk. They had heart to them. That company and the old Miramax and Fox Searchlight had a real brand and a hold on their audience. When the film comes out in early 2016, it will arrive exclusively in theaters, and its trial by fire will be exclusively in theaters. Heading into production nearly a decade after the premiere of Jenkins only other feature (the excellent Medicine for Melancholy), the film has been waiting a long time for a company with the confidence required to finance it. And although it describes itself as Midnight Madness, the film didnt start until close to one oclock in the morning. 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 . We spoke with the companys friends, collaborators, and employees to make sense of how A24 became the most interesting, creative, and reliable film company of the 21st century. Photos courtesy A24, by Alberto E. Rodriguez/Getty Images, and Janette Pellegrini/WireImage/Getty Images. Gif excerpt from the film Room via A24 Films. He booked the theaters over the phone. At the time of my visit, however, A24 still looked more like a startup than a movie studio, and you could find the countrys fastest-growing film companys actual HQ only by following the flimsy paper signs that had been taped up along the 17th-floor hallway outside its headquarters. 2023 Variety Media, LLC. Katz: We get there. And yeah, I just think that it takesit doesnt happen that often that a new studio starts. John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. It was like Broadcast News. 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. The gross guysand hes like, All right. And I was just acting! Katz: Tusk, we were like, oh, Kevin Smith! You know, theyre big-time. If after seeing it you have a renewed taste for fright, here are nine other recent horror gems that use their modest scale to their advantage. All Rights Reserved. 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. Rather than focusing on acquisitions, as was its early strategy, A24 is now producing its own movies, as well as its own podcast. It was such an out-of-body experience. Thats an achievable budget number for me. You know what I mean? And A24 was the place that took the risk. Nicolette Aizenberg (distribution executive, A24): It is very cyclical. A24 thinks hard about the landscape of distribution, and they think hard about the models, and the models are changing. Moonlight we hadnt seen yet. First movies gonna be so exciting! And I remember everyone came back from that test screening. . Denis Villeneuve (director, Enemy): I never saw them as businessmen. Sacco: Its sobering and motivating in a different way. Stay plugged in to the industry with our free newsletter. 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. 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. Fenkel: And they were like, You cant do that! 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. Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. [Sofia] was like, Oh, will you at least partner with Harvey? We were like, No!. But then also do things that other companies arent doing. So everything had to be explained to me, and by the time it was explained, it was over. Katz: David and I are sitting next to each other.