Watch How A24 Went from Indie Darling to a $3.5-Billion Powerhouse

[Alex] The conventional wisdom in Hollywood

is that in order to have a hit,

you need to appeal to all four quadrants.

Men, women, and people over and under the age of 25.

A24’s model does not rely on that kind of mass appeal.

When the studio was first starting out,

a lot of the films

that they picked up were things that other studios

or distributors had dropped or shied away from.

They really embraced the specific and the strange.

And because of how distinctive their films are in this

landscape of reboots and sequels,

and superhero movies,

they decided that ruffling some feathers along the way

was only going to help their case.

Talk to me.

I’m Alex Barasch.

I’m a culture editor at The New Yorker,

and for the past several months,

I have been deep

inside the world of the film Studio A24.

A24 was founded in 2012

by these three guys in their 30s.

Daniel Katz, David Fenkel, and John Hodges.

The business practice has always been

to cultivate a certain mystique

and let the film speak for themselves.

A24 are probably best known now for their work

with this roster of auteurs.

People like Sofia Coppola,

Ari Aster, the Philippou brothers,

Celine Song.

And what I found in my reporting is

that in the filming stage,

they really do just let these people take the reigns.

Barry Jenkins told me he had carte blanche

when he was making Moonlight.

The point where A24 really asserts itself is

in the marketing phase.

When they decided to put out The Witch

Robert Eggers’ historical horror movie

as their first wide release,

it was not a straightforward sell.

It’s a movie that set in the 1630s.

It’s scripted in early modern English.

It’s not the most accessible,

but they knew that it was a great film

and a smart film

and a scary film,

and they decided to lean into all

of those components,

partly by forming an alliance

with the Satanic Temple.

They reached out to the temple,

they flew out the spokesperson.

Originally, all A24 wanted from the Satanist was an

endorsement for the movie.

But when the Satanist pitched them on a series

of interactive performances

to follow screenings of The Witch,

they said yes.

One of the parties ended up featuring a theremin player,

some nearly nude performers and a hardcore dominatrix.

The partnership definitely got the press that they wanted,

and the film became a cult phenomenon.

The line wouldst thou like to live deliciously?

lives rent free in my brain.

Boo!

I feel that the more A24 movies you watch,

and I did watch many of them for this piece,

the harder it becomes to describe

exactly what they’re doing

or boil it down to any one characteristic.

But there are a few traits that tend to recur.

Something that’s become a kind of A24 staple,

which is the the elevated genre film.

Something like Alex Garland’s Ex Machina,

a sci-fi film about an erratic tech billionaire

who summons his employee

to conduct a Turing Test on a beautiful android.

Or something like Ari Aster’s Midsommar

which is this brightly lit pagan horror film

that’s kind of also about a bad breakup

and a terrible boyfriend.

How long have you two been together?

Just over three and a half years.

Four years.

A lot of their projects also really draw

from the personal lives of their creators.

Celine Song’s Past Lives

is semi-autobiographical,

so is Lulu Wang’s The Farewell.

Greta Gerwig when she was prepping her cast for Lady Bird

actually shared her high school yearbooks with them.

What if this is the best version?

Their films are also really known for divisive endings,

which goes back to one of their very first movies

Spring Breakers by Harmony Korine.

That film starts out

with college girls committing petty theft

to fund a vacation

and ends with them being caught up in a dispute

between drug lords,

and one character being machine gunned to death.

It also applies to pretty much every Ari Aster movie.

I am your mother.

Do you understand?

They also really try to meet the zeitgeist.

You know, a film like Babygirl

Halina Reijn’s sort of post-Me Too erotic thriller.

It’s an affair.

There’s a kink component.

You’re really hitting every third rail imaginable.

Sorry, I didn’t mean to…

That was incredibly inappropriate.

A24 have really elevated the merch drops into

a stunt and an art form.

One of the most memorable examples I encountered

in my reporting was for the horror film Talk To Me.

The way they let the spirits in within the universe

of the film is through an embalmed cursed hand.

Originally, A24 planned

to just put out a ceramic reproduction of the hand,

but then they decided that in keeping with the themes

of the film, you needed to be able to party with it.

The sculpture that they ultimately put out actually

functions like a bong,

and it did sell out pretty much immediately.

[Group] Do it!

Do it!

Do it!

They’ve really built up this devoted following.

There are a lot of A24 super fans out there.

You know, you’re not seeing people running to the theater

to see the new Lionsgate movie

because it is a Lionsgate movie,

and that’s part of the way they promote their movies too.

They have about 100,000 so-called AAA24 members

who get invited to early screenings,

get early access to merch.

I actually attended one

of these events in the tiny rural New Mexican town

of Truth or Consequences.

A24 had bussed in dozens of AAA24 members

from Albuquerque about two and a half hours away.

When they got there, they spent the day meeting

with Ari Aster

who had shot his new Western Eddington in the town,

and the night ended with a drone show

where you saw A24’s logo emblazoned on the horizon.

The thing that a lot of these fans love about A24,

and the reason they take pride in,

you know, showing up to its events and wearing its merch is

because it’s become synonymous with a kind

of auteur driven independent cinema.

But recently, a lot of those auteurs have decided

to go in a much bigger budget direction.

Josh and Benny Safdie

who broke out with a $2 million drama

for A24 called Good Time,

then graduated to $15 million with Uncut Gems,

and now they’re each making a movie

that’s around $70 million in budget.

One of them stars Timothee Chalamet,

the other is Dwayne The Rock Johnson.

I think A24 having looked at it for all these months

is really at an inflection point,

and the stakes for independent film are pretty high.

So amid these rising budgets

and they’re expansion into all these different arenas,

the fact they’re experimenting now with AI tools,

there are people who are worried about

where the company is headed

and whether it will still be an advocate

for independent film in the way that it has been.

Part of my quest in reporting this story

to figure out whether that was the case.

You can read my story

Auteurs Inc. in The New Yorker.

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