David Massey, president and CEO of Island Records, will step down from the company in June, three sources have confirmed to Variety, although Massey and a rep for the label declined requests for comment.While the news was first reported in Hits earlier this week, sources say that Massey actually gave notice to Lucian Grainge, chairman/CEO of Island parent Universal Music Group, several months ago and did not really leave open the option for a counter-offer. Massey’s contract is said to...
Fenkel left the presidency of Oscilloscope Laboratories in the spring 2012 after the unexpected death of Adam Yauch, and launched A24 Films in New York City in August 2012.
Fenkel had co-founded Oscilloscope in 2008 with Yauch. Before that, he had been an exec at ThinkFilm, where, in 2006, he first collaborated with Yauch to distribute his film “Awesome; I Fuckin’ Shot That!” Oscilloscope’s notable releases under his tenure included “Meek’s Cutoff,” “Wendy and Lucy,” “Bellflower,” “No Impact Man” and “Shut Up and Play the Hits.”
A24’s first hit came in 2013, with James Franco’s “Spring Breakers” grossing more than $32 million globally, followed by Sofia Coppola’s “The Bling Ring” with $19 million. The company saw significant success in the 2015 awards season with “Room,” which won Brie Larson an Oscar, and “Ex Machina,” which earned Oscar and Golden Globe nominations.
A24 scored its biggest grosser in Barry Jenkins’ 2016 coming-of-age drama “Moonlight,” which earned $65 million worldwide; the film was also a critical success, winning the best picture Oscar. Upcoming releases include “The Florida Project” with Willem Dafoe, Yorgos Lanthimos’ “The Killing of a Sacred Deer,” “Lady Bird” with Saoirse Ronan and Franco’s “The Disaster Artist.”