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A24 Scales Back Documentary Division, Lays Off Five
A24 has shut down its documentary film division in the wake of a difficult market for non-fiction fare.
The company is not ruling out working with filmmakers on further documentary projects, but the market has become too challenging to support an entire division, sources indicated. A24 has several narrative films at Cannes this year, including Ari Aster’s “Eddington,” Spike Lee’s “Highest 2 Lowest” and Harry LIghton’s “Pillion.” But the documentary business has been brutal of late, with distributors hesitating to take on numerous political and topical titles and some filmmakers choosing instead to self-distribute.
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