A24 cleans up at the Oscars
Tuesday’s Oscar nominations rewarded fewer contenders from streaming services, a departure from recent years when Netflix dominated.There is growing hope that moviegoers are returning to theaters after the COVID-19 pandemic led to shutdowns and triggered a new wave of streaming growth as entertainment companies sent their films directly to streaming platforms to satisfy couch-bound audiences.
A24 is a lean but growing operation, employing 200 people in the U.S. and the U.K. One of its founders, Katz, has a background in banking, having worked at Guggenheim. “Everything Everywhere All at Once” was A24’s most nominated film to date and its highest-grossing release at the box office, surpassing $108 million in global ticket sales.
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