A24 picks up Sean Baker’s The Florida Project

Showing out of competition at Cannes, The Florida Project has been a quiet critical hit. Our own A.A. Dowd held it up as one of the festival’s first major success stories, calling it, “Sublime: a blast of life, of celebratory highs and lamentable lows, on the outer economic edges of the Sunshine State.”

A number of indie-minded studios were reportedly circling Baker’s film, but dropped out once the price tag rose over $1 million. For context, the heavily lauded Tangerine, which Baker shot exclusively on iPhones, only brought in about $700,000 at the domestic box office when it debuted in 2015.