In 2012, with $14 million in backing from Guggenheim, Katz launched A24 with two fellow indie film veterans, David Fenkel and John Hodges. Katz assumed the role of CEO while Fenkel—who'd previously co-founded the studio Oscilloscope Laboratories with the late Adam “MCA” Yauch of the Beastie Boys—oversaw the film team.
In 2022, A24 announced a new round of funding. Stripes, a New York-based growth fund, had led a $225 million investment into the company, with participation from Neuberger Berman. The round valued A24 at a cool $2.5 billion.
How A24 was Founded. Founded in 2012, A24 was formed by a group of three friends - David Fenkel, Daniel Katz and John Hodges all of whom worked in the industry and came together to start a new distribution studio in New York. The trio were ardent art-film lovers who not only knew films, but lived them.
After raising $225 million from investors, A24 was valued at $2.5 billion in 2022. Also in 2022, they created a membership for fans, AAA24 or All Access A24. The membership costs $5 monthly or $55 annually.
Civil War will also have fascinating implications for A24: With a reported budget of $50 million, it's the most expensive film from the studio to date.
In fact, A24's brand is so appealing that even their merchandise is coveted—partly a result of customer loyalty, but also of A24's savvy practice of producing unique items sold in limited quantities. And it's this combination of clever marketing of very particular content that's paying off for A24.
A24, a film distribution company based in New York City, was launched by Daniel Katz, David Fenkel, and John Hodges in August 2012. Its first film, A Glimpse Inside the Mind of Charles Swan III, was released on February 8, 2013.
Average A24 Films hourly pay ranges from approximately $17.00 per hour for Delivery Driver to $26.83 per hour for Distribution Associate. The average A24 Films salary ranges from approximately $79,844 per year for Executive Assistant to $214,479 per year for Business.
A24, an independent film company initiated in 2012, has earned a commendable reputation for its innovative approach to filmmaking and marketing. By focusing on offbeat storytelling and avant-garde content, A24 has captivated audiences worldwide, carving a unique niche in the world's competitive movie landscape.
Despite slightly decreasing in 2022, the annual average production budget of A24 movies soared the following year and then reached a total of 15.36 million U.S. dollars in 2023, its highest value for the period considered. Ten years earlier, annual production costs amounted to less than four million U.S. dollars.
The estimated total pay range for a Film Director at A24 is $67K–$125K per year, which includes base salary and additional pay. The average Film Director base salary at A24 is $90K per year. The average additional pay is $0 per year, which could include cash bonus, stock, commission, profit sharing or tips.
A24 is getting backlash for using images to promote "Civil War" that, according to a report, are AI-generated. One image apparently meant to show Chicago had an iconic building in a nonsensical location. Some wondered why A24 would use AI given how controversial its been in the film industry.
It was called The Backrooms and featured creepy liminal spaces and a terrifying monster. Now, Kane Parsons, the director and creator of the series, is teaming up with A24, Chernin Entertainment, 21 Laps Entertainment, and Atomic Monster to create his first feature film.
Since late 2024, Netflix has been picking up A24 movies again, but they're not staying on the service for long. Below, we'll be looking into all the A24 movies that have been added to Netflix in the US and when they'll be leaving. We'll also, where applicable, look into all the A24 movies coming soon to Netflix.
From director Kristoffer Borgli (Sick of Myself), A24's Dream Scenario will release in theaters on November 10, 2023. The movie is officially rated “R” this week for… “Language, violence and some sexual content.”
