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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. I was proud of the film but I thought it was weird and boring. But then also do things that other companies arent doing. Jeremy Kleiner (producer, Plan B, Moonlight): It wasnt like, Oh, this is low-hanging fruit, lets grab on to this one. It was a passionate embrace of the movie. [17] In April, the company acquired all foreign rights to Swiss Army Man, distributing the film in all territories, and partnering with distributors who previously acquired rights to the film, a first for the company. In 2016, films distributed by A24 won Academy Awards for Best Actress (Brie Larson in Room), Best Documentary Feature (Amy), and Best Visual Effects (Ex Machina). Igoe: That morning was crazy. Not heyday. A24 co-founder John Hodges is exiting the indie companyto focus on future opportunities, he and the company jointly announced on Monday. How great it was. Art and Experience : John Hodges is leaving A24, the Oscar-winning indie studio that he co-founded. So whos to say that, you know, A24 wont become Warner Brothers five years from now? In the last few years, there have been a spate ofindie horror films that have broken into the mainstream. Whoa! Because theyd made a curated, awesome, crafted film. You get a movie with them and it represents something. A Glimpse Inside the Mind of Charles Swan III, Frankenstein's Monster's Monster, Frankenstein, Would It Kill You to Laugh? He also produced . A24 has an estimated net worth of about $1.89 million. 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. Among critics and cinephiles I know, the A24 label is starting to mean something in the way that a 4AD record meant something in 1988, or a Grove Press book meant something in 1955. Zoe Beyer (marketing, A24): Spring Breakers had a whole Oscar campaign. 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. And they did. [He won at least six.] People are like, Oh, I would have green-lit that! Im like, Come on!, Sacco: We had been talking about finding a person to produce for a long time. They had heart to them. I liked the fact that they had never made a doc. 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. Theirs is a potent brand that Ive admired for a long time, and their reputation as innovative partners to talent is second to none.. Fenkel: One thing we notice is now people are saying, Oh, good job. Fenkel: I was at the Union Square theater, and they couldnt have had enough theaters. First movies gonna be so exciting! And I remember everyone came back from that test screening. See what happens.. John Hodges. They rented some office space in Manhattan. (Blindsided teens, many of whom had been intrigued at the thought of seeing former Disney star Selena Gomez in a more mature performance, assailed the Internet with complaints that they had paid to see the Worst Movie Ever Made.) [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. Franco: I remember the South by Southwest festival, the screeningit was like a rock concert. I didnt think it was terrible. 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? Deploying for Major CAT Events, tornadoes . "I'm thrilled to be joining the team at Jax,". But youre in a tuxedo and everyone around you is older and theyre quiet Jenkins: It sucks, man, because of how it happened, none of us thanked them! Ad Choices. From award-winning writing and photography to binge-ready videos to electric live events, GQ meets millions of modern men where they live, creating the moments that create conversations. Heavey: People were, like, crying. Film-distribution companies tend to be important but invisible: They buy finished films, cut trailers, make posters, and put movies into movie theatersor, more often these days, dump them onto VOD, never to be heard from again. The first: Barry Jenkins Moonlight, which chronicles a gay mans coming of age across three stages of his life in war on drugsera Miami. And then we drank a huge amount of red wine. Igoe: Even with Ex Machina at the time, we were getting bigger, but we still had that kind of start-up mentality that I dont know wed be able to get away with now. You walk through that office, and there arent a lot of people that look like theyre from Liberty City, Miami. 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. Steven Soderbergh retired. Spike Lee turned to Kickstarter. Katz: I always had dreams of [starting a company]. The tech titan is reportedly in the midst of dropping $1 billion on original content, but has yet to make a major film market move. I dont think it was related to her professional career. It was like two hours before, and they were like, Hes not gonna make it. And so with [The Rover], they took that into account, and instead of blowing loads of money, [they did] more targeted marketing and also really sophisticated online campaigns and stuff. Asif Kapadia (director, Amy): I suppose most filmmakers have had bad experiences in the past where you do all the hard work, and then these guys in slick suits come along and theyre like, We know what were doing now! They were not the company that they are today. Many of the countrys most vital filmmakers, unwilling to accept that their next movie would have to be either shot on an iPhone or connected to the Marvel Cinematic Universe, have begun to abandon ship. Beyer: There were like a few ads that we made. The deal excludes films that are already part of the Apple partnership. How do we get Spring Breakers? And then Noah got Spring Breakers. Fenkel: We may have had to fire a fake intern for that. Daniel Katz and David Fenkel will continue to oversee the NYC-based indie. John Hodges is Head of Film for Jax Media, where he heads Jax's feature film development and production. And we still have a great relationship now. So what is an A24 film? Lets go wide! Korine: I dont think I was there, but I heard people were walking out. a24 john hodges net worth. But it was word of mouth. Aizenberg: I think we knew we had something at South By. I dont even look at him. But youre like, Why didnt other people see that? I have no idea. Its a film about guilt that forever haunts you and the fear of being watched. So I just called the guy. Worst case, youll get the trench-coat crowd. You know what the trench-coat crowd is? Pattinson: I mean, with Twilight, the first tour we did was literally going to suburban shopping malls and doing local-news stuff. While there is speculation in the trades that A24 may be on the block, I get the impression that sale rumors are just that rumors. Miramax, they were a huge deal, and also Fox Searchlight. 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. Katz: There was still, I think, the element ofthey thought we got lucky. [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. Im glad it all worked out. Sofia Coppola (director, The Bling Ring): I really like those guys. Steven Spielberg publicly predicted the implosion of the film industry, which is sort of like God telling you to brace for rain. Across 96 films released at the time of this article, the average Production Budget on each film rounds out to a cool $6 million, with the Box Office revenue across the 96 films adding up to $798 million. Lets run there. [11][12], In September 2013, A24 entered a $40 million deal with DirecTV Cinema, where DirecTV Cinema would offer day-and-date releases 30 days prior to a theatrical release by A24; Enemy was the first film to be distributed under the deal. The second title was Life After Beth, the domestic theatrical haul of which was a paltry $88,273. Its trio of foundersDaniel Katz, David Fenkel, and John Hodges, whod known each other through years of work in New Yorks indie movie circuitrarely granted interviews. This is before Wolf of Wall Street came out, but Margot Robbie, I didnt know her, but she was working with somebody that knew my costumer or something, and got in touch with me and was like, Can you print me a photo of the tattoos in detail, so that I can get this costume perfectly? Because she was fucking Alien that year. Films distributed by A24 ended up getting nominated for seven Academy Awards that year, including Best Picture (Room), Actress (Brie Larson), Documentary (Amy), and Original Screenplay (Ex Machina). 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A24s initial funding came via an infusion of capital from Guggenheim Partners, the investment firm at which Katz previously oversaw film financing. Nathan (Oscar Isaac) and Kyoko (Sonoya Mizuno). Her film The Invitation" plays on agitation and insecurities between a group of old friends and some suspicious strangers at a lavish dinner party. Theres music labels I can think of as well. 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 . Usually you talk to somebody and they tell you all the reasons they shouldnt make something, and why its so difficult. Dont get left behind. Sacco: It was my first festival ever. Daniel Katz (co-founder, A24): We used to always talk about Oh, theres gotta be a better way.. And, like, within two blocks, I have to stop. Aizenberg: Remember he didnt show up to the premiere? Meanwhile, A24 has already been building an ark. 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Sasha Lane (actress, American Honey): They were like, You guys are who you are and were not going to change that. No one had to be perfected for anything. No one cared about our language or our clothes. Filmmakersoften the toughest audiences for their own films marketing campaignsrecognize the companys real excitement for their films. The only monsters we ever see in "It Comes at Night" are the ones that live under one roof. David Fenkel and I have had some great conversations about film - the whole A24 team have a great and deep love for cinema. Which is vanishingly rare in the film industry. Like, you believe in something, you fall in love with it, and then you work for three months on trying to make it work. Daniels like, Okay. It would cost too much to buy Mississippi Grinda fighting chance in theaters, so the film is making its way into the world through 20 million smaller screens rather than a few dozen large ones, and more viewers will have a chance to appreciate it as the sublime hangout movie that it is. The initial agreement covered 12 films, the first of which was Denis Villeneuves jaundiced doppelgnger freakout, Enemy, starring Jake Gyllenhaal. That broke the film out., For Room director Lenny Abrahamson, working with A24 on his films campaign has been a dramatic change. But A24 has the money to acquire a steady slate of releases, the model to support them, and the chutzpah to make nearly each one into a mini-phenomenon. 2023 Variety Media, LLC. Despite lacking any pre-defined structure, episodes generally contain discussions around recent works of the two guests, allowing for branching discussions to other areas. And David cannot stop perspiring. Beyer: I think the operating principle was, Dont ask for permission. The company may be a lovely acquisition target for a buyer seeking an arthouse pipeline,but A24 is still building itself as a brand one that is synonymous with quality. James Franco (actor, Spring Breakers, The Adderall Diaries): This is one of the things theyre great at: taking something small and delicate and giving it the kind of support that other people cant. Katz: Maybe even greater. On the most literal level, an A24 film is budgeted from anywhere between $1 million (Obvious Child) and $20 million (A Most Violent Year). When I was explaining to people what I was doing, it felt like a political campaign. [23], On March 26, 2018, co-founder John Hodges announced that he was exiting the company. IFC earned a raft of Oscar nominations when it decided to put its muscle behind Boyhood and transform it into a phenomenon, but dumping all of its eggs into one beautifully textured basket helped to underline the paucity of love that most indies receive from their distributors, who ferry them from festivals to home video with all the solemn purpose of Charon taking passengers across the river Styx. They wanted, like, the Disney, massive one. But I do remember finally looking over, because I didnt know where they were sitting, and I spotted Dan Katz and Dave Fenkel, and, man, the smile on their faces! Fenkel: Id love to say from the first cut we knew. The fact theyre vampires might just be an excuse for them to wear sunglasses indoors. Suddenly, in order to be financially viable, a project has to cost less than $2 million or more than $200 million. You prepare like for your dissertation at Harvard. 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. YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT. 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]. Katz: Yeah! It took us ten minutes to get a block. And I was with a bunch of friends, and we were in the south of Italy, and we were driving into Rome and I kind of had this moment of clarity. As one of the founding members of the New York-based company, Hodges played a key role. And, I mean, there was one moment in the movie when my character was booed and hissed so vociferously, I felt as though I was in a Roman arena and my life was at stake. And on some level, honestly, I was afraid to go out on my own and try to make it work. Sacco: And people on planet Earth, you know, they go see movies that they need to want to see or hear about. @ After a brief flurry of acquisitions gossip, and Monday's announcement that A24 co-founder John Hodges will exit the company, A24 and/or Apple "insiders" let it be known that Apple wasn't. 10001 NEW YORK, USA. Karyn Kusama is a rapidly rising female director, and for good reason. Activity. They have a very good understanding of the Zeitgeist. I just started talking. And [my producer] kept saying it, and I kept thinking, Okay, at some point Ill figure out what hes talking about. Fenkel: Do you have to be a genius to do Sofia Coppolas movie, or Harmonys? 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. And I was just acting! I think what theyve understood is theres a sufficient number of people out there who want more challenging or different material. You could tell that they wanted to be great. [8] In October 2012, Nicolette Aizenberg joined as head of publicity from 42West where she was senior publicity executive. We had to get a second one. In 2017,[4] Moonlight won the Academy Award for Best Picture (the first such award for the company), Best Adapted Screenplay, and Best Supporting Actor (Mahershala Ali). A24 is an American independent entertainment company founded on August 20, 2012, by Daniel Katz, David Fenkel, and John Hodges and based in New York City. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, A24 noted. It specializes in film distribution, and film and television production. 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. Its such a really fucking well-executed movie. Were gonna put it in theaters, and were gonna find a way to keep it there. Now, look, at that point, none of us were thinking, Hey, were gonna win Best Picture! But we wanted to give the movie the chance to have as much of a life as we possibly could. John has been a trusted partner who helped conceive A24 and for that we will always be grateful, noted A24. Its first release was A Glimpse Inside the Mind of Charles Swan III in 2013, followed by Spring Breakers later that year. Losing a movieI wanted to jump off a bridge. And although it describes itself as Midnight Madness, the film didnt start until close to one oclock in the morning. The photo has been replaced. Not necessarily, like, to win Best Picture and ten Oscar nominations. 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. Ask for forgiveness. I think it just showed that we cared about these movies so much. A24 was founded in 2012 by Daniel Katz, David Fenkel and John Hodges. They had heart to them.Harmony Korine, Sacco: I wouldnt say I got it. Were good. Thats the chief message of an A24 campaign, really, from elegant design to sharp social media to clever co-branding choices: This is a company that gets it. Rather than carpet-bomb the whole country with prohibitively expensive television ads, A24 partnered with a social marketing agency called theAudience in order to more precisely reach its target demographic. And then its like on the biggest stage, I didnt thank anybody! Because they didnt expect the traffic. And so anytime you speak with someone whos not a pure accountant, is not a pencil pusher? If anything, it was the bastard stepchild at that point. Eddie Guy. I think theatrical will always be there, but most of my biggest experiences of cinema have been in front of a TVno one was screening Fellini films in Ireland when I was 19 or 20.. Were putting together a gift basket of glass guns and a gift basket with munchies. Signed on as producer beginning with the second season. Aizenberg: That Oscar-nomination morning, I remember walking into the office that day, and I was like, Please, dear God, just let Amy and Brie get nominated. Igoe: At SXSW, we had Spectacular Now, and Spring Breakers showed there. Or a director. In this newly created role, Hodges will be tasked with overseeing and growing all of Jax Medias film projects. March 3, 2018. Signed on as producer beginning with the third season. Sacco: To engrave the Spring Breakers logo onto the glass-gun bong. To revisit this article, visit My Profile, thenView saved stories. They were thinking in a different way, trying something newer and maybe more radical with their approach. The companys best known movies include Ex Machina, Room, The Witch, Amy and Moonlight, which won the 2016 Academy Award for best picture, best adapted screenplay and best supporting actor for Mahershala Ali. Prior to A24, all had worked extensively in film and production before leaving their current positions to co-found the company, originally A24 Films, which specialized in film distribution. 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. II was tasked. Franco: I would bet that [Alien] was one of the biggest, most popular Halloween costumes that year. And it just kept getting better and better and better. It is based in New York City . With Hodges leaving, the company behind the Oscar-winning best pictureMoonlight made it clear that no additional changes in management will be made. Discover Johnny Hodges's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Anything in between is dead in the water. Wouldnt call us back. 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. So when I saw that, I was like, Okay, those guys, they know what they are doing.. Jennifer Kents drama is a psychological heavyweight that examines how parents feed their demons to quell the pain. 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. All rights reserved. On the TV side, Jaxs current projects include the recently released Russian Doll on Netflix, starring Natasha Lyonne; The Other Two, which was just picked up for a second season; and the final season of Broad City for Comedy Central. And while they invited me into their headquarters to get a feel for the place and chat on background with the core team, they stressed that theyd prefer their movies to speak for themselves. Since the small blast of trade articles that greeted the companys inception, theyve remained unusually quiet. Theres aesthetic and political values to the people behind the company. In recent years, the recession and the concurrent rise of VOD streaming services have already torpedoed the midbudget movie. ALL RIGHTS RESERVED | TERMS OF USE|SUBSCRIBE|CONTACT. It was millions in one day. I love Moonlight, said as much before it won the Oscar, and Ill say it again now - I showed it to my daughters early and they loved it. The company said he will exit to focus on "future opportunities," but did not clarify beyond that statement.. John Cornelius Hodge (Squatty Roo, Jeep, Rabbit) was born on 25 July, 1907 in Cambridge, MA, is an American saxophonist. The company said he will exit to focus on future opportunities, but did not clarify beyond that statement. Korine: I could tell that they were on some new shit, you know? [29][30], "A24 Films" redirects here. Katz: People say, Oh, Barry, why didnt you bring us Moonlight?As if that was the most obvious Best Picture! Its DirecTV/A24 release grossed $229,094 and never played on more than 54 screens. Katz: They were kind of comfortable with the Under the Skin release. And then we opened. And there are studio subdivisions, like Fox Searchlight, that have consistently guided films like 12 Years a Slave and Birdman to Academy Awards and box office success over the past twenty years. When we started, we wanted it to be about the films and filmmakers, not us, Katz told the Hollywood Reporter at the end of 2013, and that culture remains evident in all aspects of their business. Really? GQ may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. From It Follows to The Babadook, these horror gems didnt have blockbuster budgets. 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.'. Hodges had been an integral part of the studio since its inception in 2012, along with co-founders David Fenkel and Daniel Katz. you never leave your partner especially in a fire villas san angel rosarito a24 john hodges net worth. The latest is Hereditary, the debut film of Ari Aster that premiered at Sundance and is quickly earning a reputation as one of the scariest movies ever. They had faith that people would continue to show up. All contents 2023 The Slate Group LLC. John Hodges (co-founder and co-head of TV, A24): It was one of those conversations where it was always like, How would we do it differently? And it was usually fueled by beer and things scribbled down on napkins and a lot of bravado. 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. Fenkel: You dont know how to control yourself. Scott didnt say anything. And integral and critical for the film to rise on its own feet. The bottom line is that there were 677 new releases in 2013, and that number is only getting bigger. All Rights Reserved. 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. Probably the best place to screen-test the movie. Logo by GrandArmy Photos via A24. Other 2013 theatrical releases included Sally Potter's Ginger & Rosa, Harmony Korine's Spring Breakers, Sofia Coppola's The Bling Ring, and James Ponsoldt's The Spectacular Now.