# A24 on Top: With Bigger Budgets, Better Box Office and Splashy IP, Is it Finally Time to Sell?

- URL: https://talkfuse.com/story/a24-on-top-with-bigger-budgets-better-box-office-and-splashy-ip-is-it-finally-time-to-sell/
- Published: 2026-11-04T20:00:00+00:00
- Updated: 2026-11-04T20:37:14+00:00
- Original publisher: Variety
- Original article: https://variety.com/2026/film/news/a24-biggest-year-backrooms-elden-ring-1236938874/
- Topics: Business, Companies, Space, Technology

## Key points

- A24 has surpassed $500 million at the domestic box office.
- Its 2024 valuation was $3.5 billion.
- A $200 million “Elden Ring” film marks a major expansion.

## Summary

A24 is having its most profitable year, with hit films lifting its domestic box office above $500 million for the first time and its television work gaining traction. That success has sharpened the question of whether the independent studio should sell or take investment while its brand and business are attracting attention.

The article says A24 was valued at $3.5 billion in a 2024 fundraise, but some industry executives consider that valuation difficult to justify. Founders David Fenkel and Daniel Katz have previously rejected investment offers and kept creative control, while the company tests higher-budget projects and major properties, including a $200 million “Elden Ring” film. Its attempts to expand have had mixed results, with some costly 2025 releases underperforming before this year’s rebound.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.