Hey streamers 👋
Welcome to the 42nd edition of The Streaming Lab. Thanks for reading me!
You can read all the previous editions here, and subscribe below to get the newsletter every Monday.
The agenda today
This week, I’m looking at A24: the independent studio behind the OSCARS winner Everything Everywhere All At Once.
The Studio
The Shop
The Membership
The Studio
A24 has established itself as a major player in the entertainment industry since 2012, producing and distributing films & TV series that challenge conventions and captivate audiences.
Some of their most well-known films include Moonlight, Lady Bird, The Florida Project, Hereditary, Midsommar, or Uncut Gems. And of course the multiverse comedy Everything Everywhere All At Once that just won 7 OSCARS including Best Picture.
A24 also made a name for itself in the TV industry, producing and distributing series such as Euphoria and Ramy, that received critical acclaim.
A unique aspects of A24 business model is the choice of limited theatrical releases followed by digital releases. This strategy allowed A24 to cultivate a loyal fanbase and generate buzz for their films, even with smaller marketing budgets.
The success of A24 can also be attributed to their ability to identify and support emerging filmmakers, providing them with the resources and creative freedom necessary to bring their visions to life. The company has also been praised for its commitment to diversity and representation, both on and off-screen.
Another aspect that is key in A24 success: a strong community relying on a shop and a membership ↓
The Shop
A24 products have played a crucial role in the success and longevity of their films and TV series, helping to keep them in the public eye and allowing fans to engage in new and exciting ways.
What’s available in the shop today?
Apparels
Goods
Collectibles
Books
Here are the products that got my attention:
The studio also offers auctions where everyone can acquire unique items coming directly from their films and TV series universe.
100% of each winning bid are donated to charities by A24. Here are some examples: Asian mental health project, laundry workers center, Transgender law center, Food Bank for NYC, NYC health & hospitals, etc.
Look at what you missed during the latest auctions “Mementos from the Multiverse”, “Laundry & Taxes Auctions” or “In Another Life Auction”:
The highest bid? The one and only Raccacoonie, your future personal chef for hire! Sold for $90,000 🤪
The Membership
AAA24 (aka “A24 All Access”) is a new membership offering for A24 customers and fans.
Membership grants access to the following perks:
Zine subscription: a magazine edited by filmmakers or actors, released 4x a year.
Birthday Gift: an extra special something in celebration of your big day.
Instagram Close friends: get added to A24 Close Friends channel on Instagram to receive the usual stories plus giveaways, sales and sneak peeks.
Exclusive merch: limited edition colorways and goods made for, and offered to members only.
Member ship pin: a pin and a card will come in the mail with your first zine.
Early product access
Discounts
VIP treatment: priority access to IRL events, concierge customer service, free movie popcorn, and more.
The membership costs $5/month or $55/year at launch for US customers, and $9.99/month or $99/year for all other countries.
Do you know other studios or entertainment companies providing this kind of membership? I don’t.
I believe content providers have a lot to learn from A24’s community strategy. Today, films & TV series are powerful brands and their success will heavily depend on their fans and the support of their communities.
I’m convinced the model of A24 is the future of building powerful entertainment companies.
That’s all for today, the universe of the independent studio A24.
See you online next week. Until then, enjoy Extrapolations on Apple TV+. Eight interconnected stories told over 33 years explore how our planet’s changing climate will affect family, work, faith and survival.
Whenever you’re ready, there are 2 ways I can help you with:
If you want to learn more about streaming in MENA, I’d recommend starting with my market report:
→ The Streaming Ecosystem in MENA: Learn everything about the local streaming services in the region. Get full access here.
Work with me 1:1 to diversify your streaming revenues: FAST channel business, OTT/CTV Advertising, Content acquisition & distribution, Market analysis and business representation.
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