I don't know. Selling out on the one thing that made you stand out as a company? Sounds like a smart business decision to me.
Capitalism is why we can’t have nice things. Infinite growth just ends up destroying everything.
Our current strategy is making us worth a ton of money, so let's change strategies to what all the companies that are losing are doing instead, so we can make money?
It's called cashing out, and it's a smart thing to do when you want to maximize profits (to the detriment of the art).
Honestly I find the mob are honest upfront at least about what will happen to you if you piss them off.
I really hope they don't abandon what made them great. They've become my favorite studio. Almost every movie they put out, I absolutely love or can at least appreciate the big swing. Movies like Lamb don't get made by any other studio and still be able to be seen by most. I don't understand this decision after how Everything Everywhere All at Once was received.
What an opportune time to share Cody's latest Showdy:
Why Are Modern Blockbusters So... Not Very Good? - SOME MORE NEWS
Ah fuck. Hazbin Hotel is being produced by A24.
Guess we can kiss that quality goodbye.
Why would they have to keep up with their appraisal? There is no downside to not doing it, other than not being worth as much if they want to sell or IPO, but that would be true even without the equity firm's investment and appraisal. No law says they have to meet the expectations set by a single investor. There is no legal duty requiring a company to maximize profits or shareholder value.
However, even if such a law requiring them to maximize profits existed, it's very reasonable that they would legally continue making the same types of movies that earned them that value in the first place. There couldn't possibly be a requirement for them to change business strategies, else every company would eventually all end up in the same, most profitable industry. They'd all be selling movie theatre popcorn or something.
Because if they don't the PE firm either cancels bonuses for sr management or fires them outright.
You can't beat your boss.
Laws? What the fuck are you talking about? You're right in that their hand isn't forced when making a business transaction such as this, but looking at it through the childish lens of "laws" is odd to say the least.
It's really simple to see why.
From here, cross referenced with boxofficemojo.com:
https://en.m.wikipedia.org/wiki/List_of_A24_films (2020s only)
First Cow - $101,068 (US) / $1,386,609 (global)
Boy's State - unlisted
On The Rocks - - / $992,103
Saint Maud - - / $1,383,868
Minari - $3,110,580 / $15,282,731
False Positive - unlisted
Zola - $4,844,399 / $4,998,097
Val - unlisted
The Green Knight - $17,173,321 / $18,887,953
Lamb - $2,676,410 / $3,189,087
The Souvenir Part 2 - $98,929 / $380,778
C'mon, C'mon - $1,863,674 / $4,499,395
The Humans - - / $47,029
Red Rocket - $1,023,086 / $2,315,997
The Tragedy of Macbeth - - / $524,771
The Sky is Everywhere - unlisted
After Yang - $46,872 / $729,254
X - $11,765,309 / $14,740,889
Everything, Everywhere, All At Once - $77,191,785 / $141,129,020
Men - $7,587,853 / $11,152,071
Elizabeth: A Portrait in Parts - - / $122,390
Marcel, the Shell with Shoes On - $6,333,702 / $6,909,209
Bodies Bodies Bodies - $11,446,602 / $13,929,670
Funny Pages - $0 / $0 (not unlisted)
Pearl - $9,423,445 / $9,747,742
Instinct - - / $947,316
God's Creatures - $45,849 / $275,107
Stars at Noon - - / $225,509
Aftersun - $1,658,790 / $8,345,462
Causeway - unlisted
The Inspection - $390,429 / $546,906
White Noise - - / $71,728
The Eternal Daughter - $86,490 / $446,551
The Whale - $17,463,630 / $54,883,206
This Place Rules - unlisted
When You Finish Saving the World - $196,920 / -
Close - $1,100,113 / $5,213,591
Sharper - unlisted
Pi - (re-release) - no current numbers
Showing Up - $754,483 / $1,222,428
Beau is Afraid - $8,176,562 / $11,480,078
You Hurt My Feelings - $4,830,788 / $5,698,637
Past Lives - $10,923,569 / $14,996,172
Earth Mama - $0 / $0 (not unlisted)
The Deepest Breath - unlisted
Stephen Curry: Underrated - unlisted
Talk to Me - $48,105,234 / $89,400,384
Medusa Deluxe - - / $68,560
Stop Making Sense - (re-release) $4,000,378 / $4,641,772
Dicks: The Musical - $220,867 / -
That Everything Everywhere All At Once, the most action oriented and commercial of their releases, made more money than virtually all their other releases COMBINED.
Yes, because that's what all the reviews were raving about - the action. Not plot, characters, acting, or any of that artsy stuff.
You don't get how Hollywood executives work. They see Barbie being a massive success because people thought it was a smart and funny movie with a good message and decide, "this means we need more movies about Mattel toys!"
They have absolutely no understanding of movies. It sort of feels like a lot of them don't even like movies.
I dunno, surely you would have heard of Everything Everywhere All At Once due to the Oscar wins.
Around here at least both The Green Knight and Marcel the Shell With Shoes On were heavily advertised. So was First Cow now that I think about it.
I don't understand A24. Hereditary was a borderline comedy, Uncut Gems and EEAAO would work better as 20 minute shorts, and nothing happened in The Witch. They're like the Marvel of hipster movies.
Little harm done. My tastes never seem to line up with the main stream, but I don't shame anyone for loving Marvel or The Master of Disguise.
Those movies are far from being obscure, but far from being mainstream as well.
But eh, in the end, it's all entertainment.
Uncut Gems and EEAAO felt too long at times but I think it was worth it in both cases.
For context, I prefer movies that are funny, have guns or lasers, or have magic or some shit. I have no taste when it comes to film.
I love your honesty. I love Hardcore Henry but I'm not going to argue it's a narrative wonder. It's just my flavor of stupid insane.
Put Brad Pitt and people with funny accents in a movie and I'll probably be glued to it.
If I want something fully engaging I read.
