Cherry Lane Theatre
2023
$10M
Why
Bought the Off-Broadway theater in New York's West Village to host theater, film screenings and live events; it reopened in 2025 and Dior became its premier partner in 2026.
A24 Films, LLC
Independent Film ProductionFounded 2012- HQ today: New York, New York
Reviewed by Swet Parvadiya
Company data updated: September 2026
Acquisitions
A24 Films Acquisitions
1
Major Deals Covered
$10M
Disclosed Deal Value
What are A24 Films's biggest acquisitions?
A24 Films's largest disclosed acquisition here is Cherry Lane Theatre for $10M in 2023. This page covers 1 major deal, each with its price where disclosed and the reason behind it.
- Major deals covered
- 1
- Largest deal
- Cherry Lane Theatre ($10M)
- First deal
- 2023
- Most recent
- 2023
| Company | Year | Price | Purpose |
|---|---|---|---|
| Cherry Lane Theatre | 2023 | $10.0M | Bought the Off-Broadway theater in New York's West Village to host theater, film screenings and live events; it reopened in 2025 and Dior became its premier partner in 2026. |
A24 Films, LLC's Growth & Acquisition Strategy
A24 is growing through larger films (Civil War at $50 million, Marty Supreme at more than $60 million), distribution of outside hits such as the English version of Ne Zha 2, international labels such as A24 | Leonine Studios in Germany and Austria, output deals such as the HBO Max pay-1 renewal, and non-film businesses including the Cherry Lane Theatre, the Half Magic beauty brand and A24 Labs, the technology unit led by partner Scott Belsky.
How A24 Films, LLC Makes Money
A24 started in 2012 mainly as a distributor of finished films bought at festivals, and now also finances and produces its own films and series. Films earn money from theatrical release, premium video on demand and later windows: HBO and HBO Max hold A24's U.S. pay-1 window under a deal renewed in January 2026, and Apple signed a multi-year film slate deal with A24 in 2018. Series such as Euphoria (HBO) and Beef (Netflix) are produced for networks and streamers. Direct-to-fan revenue comes from the A24 shop, screenplay books, collaborations such as the Marty Supreme jackets, and the AAA24 membership, which launched in April 2022 and was relaunched at $10 a month in December 2024 with an opening-weekend ticket to each A24 release.
A24 Films Acquisitions FAQ
What has A24 acquired?
A24's main asset purchase is the Cherry Lane Theatre in New York's West Village, bought in March 2023 for a recorded $10,026,428. It mostly acquires film rights rather than companies.
Did A24 bid for Letterboxd?
The New York Times reported in September 2026 that A24 was among the parties interested in buying Letterboxd, in a deal expected to value it at more than $300 million. No deal had been announced.
What film rights has A24 acquired recently?
A24 acquired U.S. rights to release the English version of Ne Zha 2 in 2025 and won global rights to Jordan Firstman's Club Kid at the 2026 Cannes Film Festival.
What joint ventures does A24 have?
A24 set up the joint label A24 | Leonine Studios in Germany and Austria in 2023 and backs the Half Magic makeup brand, launched in 2022 with Euphoria makeup artist Donni Davy.
Has A24 itself been for sale?
Variety reported in 2021 that A24 had explored a sale at $2.5 billion to $3 billion. It instead raised outside equity in 2022 and 2024 and remains independent.
What companies does A24 own?
While primarily a studio, A24 acquired the Cherry Lane Theatre in New York to establish a permanent footprint for live events and screenings.
Related M&A Histories
Compare corporate acquisition records, deal values, and strategic targets
Explore A24 Films
Core profile pages, founders and related research hubs for this company.