Indie powerhouse A24 has a new home for its theatrical releases – new and old. The production company has signed an exclusive, multi-year deal with Warner Bros. Discovery to offer its entire slate of new releases to HBO, Max and Cinemax after they leave theaters. On top of that, the two companies have extended a licensing deal for their films already streaming on HBO and Max – and will include more than 100 films in total, including The whale, Uncut gemstones, Everything everywhere at the same timeand others.
The deal is a Pay 1 release deal – meaning that once new A24 films have completed their theatrical release, they will only be available on these WBD-owned platforms for a set period of time. A24 had a similar Pay 1 deal with Showtime that it signed in 2019, which has since expired.
An alliance between HBO and A24 is not really new. As mentioned, a number of A24 films are already available on Max and HBO. Beyond that, A24 had previously partnered with HBO to produce TV shows like The idol And Euphoria. The deal will bring A24’s next two films and its entire existing film library – more than 100 films in total – to HBO, Max and Cinemax. This includes recent releases like Sofia Coppola’s Priscillathat of Nicolas Cage Dream scenarioAnd The Iron Claw, with Zac Efron and Jeremy Allen White. It also includes older A24 films like Body Body Body, The Green Knight, Everything everywhere at the same timeand many more.
“Continuing our relationship with A24 to bring award-winning films to subscribers alongside recent fan favorites adds incredible value to the HBO and Max value proposition,” said Royce Battleman, executive vice president of content acquisitions at WBD, in a press release.
The new deal comes after a nearly six-month strike by Hollywood writers and actors unions that effectively suspended production on most new film and television productions in 2023. But even though current output is low , the major streaming platforms aren’t necessarily hungry. new content – most have actually committed to spending less on content in the future. Warner Bros. CEO Discovery’s David Zaslav has been particularly cavalier about this, even canceling completed films like Bat girl. And last month WBD was removed Coyote vs. Acmewhich is currently looking for another buyer.
WBD’s agreement with A24 will help enrich its offering across its three properties: HBO, Max and Cinemax. Not to mention it’s cheaper than creating new movies and TV shows from scratch.