A24 Secures $75 Million Investment from Thrive Capital, Boosting Valuation to $3.5 Billion

The indie studio gains significant backing to expand its productions and ventures beyond the screen.

Joshua Kushner's Thrive Capital leads the investment round, marking a 40% increase in A24's valuation since 2022.
Kushner will join A24's board of directors, bringing expertise from Thrive's diverse portfolio.
A24 plans to use the funds to enhance production, distribution, and various business initiatives.
The studio, known for hits like 'Everything Everywhere All At Once' and 'Euphoria,' continues to attract high-profile investors.
This investment comes at a challenging time for Hollywood fundraising, highlighting A24's unique market position.