© 2022 All Rights reserved WUSF
News, Jazz, NPR
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

DirectTV Signs Movie-Financing Deal With A24

DAVID GREENE, HOST:

NPR's business news begins with a new name in Hollywood.

(SOUNDBITE OF MUSIC)

GREENE: Satellite TV operator DirecTV has signed a $40 million deal with independent film studio A24 Inc. to help finance new movies. In return, DirecTV gets exclusive rights to air the indie films on-demand for 30 days before they hit theaters.

A24's biggest hit to date is the James Franco film "Spring Breakers," which made over $14 million domestically. The catch though, major theater chains, like Regal and AMC, will not show films that have previously released as video on-demand. Transcript provided by NPR, Copyright NPR.

WUSF 89.7 depends on donors for the funding it takes to provide you the most trusted source of news and information here in town, across our state, and around the world. Support WUSF now by giving monthly, or make a one-time donation online.