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A24 Pays $17M for Cannes Hit 'Club Kid'

By SkimNews · 2026-05-24
A24 Pays $17M for Cannes Hit 'Club Kid'

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A24 acquired the rights to Cannes hit "Club Kid" for $17 million, underscoring the festival's growing role as a high-stakes marketplace for premium independent film.

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Why it matters: A $17 million price tag for a single indie title marks a significant escalation in acquisition costs at Cannes, giving sellers leverage while pressuring smaller distributors to compete for premium festival content.

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