With ‘Civil War,’ A24 Joins the Blockbuster Front Lines

Since its founding in 2012, A24 has consistently been on the upswing. The company’s success doesn’t come down to one thing, but a variety of factors: the championing of up-and-coming auteurs (Ari Aster, Greta Gerwig, Robert Eggers, the directorial duo known as the Daniels), which has established the studio as a reliable tastemaker; the execution of... See more

In 2022, A24 raised $225 million from investors, including the private equity firm Stripes LLC, which grew the company’s valuation to $2.5 billion. It isn’t inherently bad for an indie studio to secure financial backing, but the fear is that outside investment—and the expectation of growth that comes with it—could interfere with what made A24 so sp... See more