A24 recently explored a possible sale, with the indie film studio floating an asking price of between $2.5 billion to $3 billion.Sources familiar with the situation tell Variety that the Oscar-winning shop behind “Moonlight” and “Uncut Gems” has engaged with numerous potential suitors for more than 18 months. It's unclear if those discussions continue to be ongoing. Sources close to A24 said the company is focused on expansion and is not prioritizing a sale.Initially, the $2.5 billion-plus price tag drew...
A24
David
Fenkel
Co-Founder / Partner
Fenkel’s New York-based independent film and TV powerhouse, which he runs with Daniel Katz, has been the focus of acquisition rumors for years. While a deal hasn’t come to fruition, they kept whettin’ appetites with buzz-generating successes like mind-bending sci-fi comedy “Everything Everywhere All at Once” from Daniel Kwan and Daniel Scheinert, aka Daniels, which grossed $70 million domestically and over $100 million worldwide. On the TV side, A24 scored six Emmys for season 2 of HBO’s “Euphoria.” The 10-year-old company, known for its quirky, ever-changing, pre-credit animated logos, earned praise from horror fans for Ti West’s slashers “X” and “Pearl,” which both starred Mia Goth, and generated awards heat with Darren Aronofsky’s “The Whale,” starring Brendan Fraser; Joanna Hogg’s “The Eternal Daughter,” with Tilda Swinton; and Elegance Bratton’s “The Inspection.”