The head of the Vc firm that invested several hundred million dollars in A24 a year ago says the indie producer-distributor’s “extraordinary” momentum could lead to a large international business and potential acquisitions.
As is their wont, A24 executives are not talking publicly, but Stripes partner Ken Fox did speak with Deadline soon after the studio’s record-setting Oscar haul, highlighted by Everything Everywhere All at Once. The company’s nine wins included Best Picture, Best Director and all four acting categories (counting Brendan Fraser’s triumph as lead actor in The Whale).
Related Story ‘Everything Everywhere All At Once’: SXSW’s First World Premiere To Win Oscar’s Best Picture Related Story International Insider: British Broadcasting Crisis; Oscar Roundup; Filmart/Qatar Dispatches; Fremantle Results Related Story 'The View' Talks Scrotums, But Avoids A Low Blow On Hugh Grant Oscars Carpet Antics
Stripes, which primarily buys into software and consumer-facing businesses,...
As is their wont, A24 executives are not talking publicly, but Stripes partner Ken Fox did speak with Deadline soon after the studio’s record-setting Oscar haul, highlighted by Everything Everywhere All at Once. The company’s nine wins included Best Picture, Best Director and all four acting categories (counting Brendan Fraser’s triumph as lead actor in The Whale).
Related Story ‘Everything Everywhere All At Once’: SXSW’s First World Premiere To Win Oscar’s Best Picture Related Story International Insider: British Broadcasting Crisis; Oscar Roundup; Filmart/Qatar Dispatches; Fremantle Results Related Story 'The View' Talks Scrotums, But Avoids A Low Blow On Hugh Grant Oscars Carpet Antics
Stripes, which primarily buys into software and consumer-facing businesses,...
- 3/17/2023
- by Jill Goldsmith, Dade Hayes and Andreas Wiseman
- Deadline Film + TV
A24 has closed on a $225m equity investment to fund its strategic growth plan and will use the capital to invest in and expand its production and distribution activities and continue to develop initiatives beyond the screen.
Stripes serves as the lead investor for the round and founder Ken Fox, will join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company.
This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder in the company.
Stripes serves as the lead investor for the round and founder Ken Fox, will join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company.
This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder in the company.
- 3/9/2022
- by Jeremy Kay
- ScreenDaily
A24 has received an equity investment of $225 million to fuel a strategic growth plan, and the distributor plans to use the capital to invest in and expand its production and distribution of global, original stories, as well as develop projects beyond the screen.
The lead investor for the round is Stripes, and the company’s founder Ken Fox will now join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round.
Collectively, this investment group will hold less than 10% of the company. This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder. As of the closing of this transaction, A24’s founders and employees will maintain a significant majority of A24’s equity.
“We are grateful to have such an incredible group of new partners on board and look forward to learning...
The lead investor for the round is Stripes, and the company’s founder Ken Fox will now join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round.
Collectively, this investment group will hold less than 10% of the company. This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder. As of the closing of this transaction, A24’s founders and employees will maintain a significant majority of A24’s equity.
“We are grateful to have such an incredible group of new partners on board and look forward to learning...
- 3/9/2022
- by Brian Welk
- The Wrap
A24, the Oscar-winning indie studio behind such movies as Moonlight and Minari, has secured a $225 million equity investment to fund its strategic growth plan.
It’s the first time A24 has received an injection of funds since its founding in 2012. The studio received its initial seed funding from Eldridge, which remains a minority stakeholder.
A24 said Wednesday it plans to use the capital to expand production and distribution worldwide and develop high-quality initiatives beyond the screen.
Stripes serves as the lead investor for the round, and Stripes’ founder, Ken Fox, will join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, these investors will hold less than 10% of the company. As of the transaction’s closing, A24’s founders and employees will maintain a significant majority of the studio’s equity.
“We are grateful to have such an incredible group...
It’s the first time A24 has received an injection of funds since its founding in 2012. The studio received its initial seed funding from Eldridge, which remains a minority stakeholder.
A24 said Wednesday it plans to use the capital to expand production and distribution worldwide and develop high-quality initiatives beyond the screen.
Stripes serves as the lead investor for the round, and Stripes’ founder, Ken Fox, will join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, these investors will hold less than 10% of the company. As of the transaction’s closing, A24’s founders and employees will maintain a significant majority of the studio’s equity.
“We are grateful to have such an incredible group...
- 3/9/2022
- by Anthony D'Alessandro
- Deadline Film + TV
A24, the indie studio behind “Moonlight” and “Uncut Gems,” announced an equity investment of $225 million, which it says it will use to invest in and expand its production and distribution operations.
Stripes serves as the lead investor for the round and Stripes’ Founder, Ken Fox, will join A24’s board as part of the investment. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company, which values the company at $2.5 billion. This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder in the company. There had been rumors that A24 was being shopped around as part of red-hot interest in content companies, one that’s seen the likes of Reese Witherspoon’s Hello Sunshine, Will Smith and Jada Pinkett Smith’s Westbrook and children...
Stripes serves as the lead investor for the round and Stripes’ Founder, Ken Fox, will join A24’s board as part of the investment. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company, which values the company at $2.5 billion. This is the first equity raise for A24 since an initial seed funding by Eldridge, which remains a minority stakeholder in the company. There had been rumors that A24 was being shopped around as part of red-hot interest in content companies, one that’s seen the likes of Reese Witherspoon’s Hello Sunshine, Will Smith and Jada Pinkett Smith’s Westbrook and children...
- 3/9/2022
- by Brent Lang
- Variety Film + TV
Company founders, employees to retain “significant majority” of company equity.
A24 has closed on a $225m equity investment to fund its strategic growth plan and will use the capital to invest in and expand its production and distribution activities and continue to develop initiatives beyond the screen.
Stripes serves as the lead investor for the round and founder Ken Fox will join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company.
This is the first equity raise for A24 since...
A24 has closed on a $225m equity investment to fund its strategic growth plan and will use the capital to invest in and expand its production and distribution activities and continue to develop initiatives beyond the screen.
Stripes serves as the lead investor for the round and founder Ken Fox will join A24’s board. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round. Collectively, this investment group will hold less than 10% of the company.
This is the first equity raise for A24 since...
- 3/9/2022
- by Jeremy Kay
- ScreenDaily
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