A24 Tops $500M Domestic for the First Time, Reviving Sale Talk
Summary
Backrooms has grossed about $400 million worldwide on a $10 million budget, while the $200 million Elden Ring has just wrapped.
"A24 has passed $500 million at the domestic box office in 2026, its first year above that mark, Variety reported in an analysis by Matt Donnelly and Rebecca Rubin. The run is led by Backrooms, which Variety put at about $400 million worldwide on a $10 million budget, plus The Drama at $134 million globally and You Can See Everything at $64 million to date.
The same report detailed misses, including How to Make a Killing ($21 million on a $15 million budget), The Death of Robin Hood ($9.8 million on $20 million) and Misty Green ($160,000 on $5 million). It also noted that the company's Elden Ring adaptation, which carries a reported $200 million price tag, has just finished shooting.
Variety's sources were split on whether founders David Fenkel and Daniel Katz will finally sell. One source said ""this is the time"" to monetize, while another said a $3.5 billion valuation from a 2024 fundraise led by Thrive Capital is out of step with the market. The founders have long rejected offers, and A24 has not commented on any sale talks."
