A24, Studio Behind Moonlight and Uncut Gems, Explored Selling for $3 Billion
A24, Studio Behind Moonlight and Uncut Gems, Explored Selling for $3 Billion
A24 has been exploring a possible sale, with the Oscar-winning indie studio looking to cash in as media acquisitions heat up.
Moonlight and
Midsommar, recently explored a sale. The asking price to own the A24 name and its library of prestigious indie flicks? Around $3 billion. While that may seem high for a studio that hasn't even been around for a decade, A24 has made quite the name for itself in recent years. And, perhaps more importantly, the media landscape has changed a great deal, with the streaming wars heating up and every company vying for subscribers desperate for high-profile content.