A24 Reportedly Leads a $65 Million Bidding Battle for YouTube Filmmaker Kane Parsons

Kane Parsons, the 21-year-old creator who moved from viral YouTube shorts to directing A24’s low-budget hit Backrooms, is reportedly negotiating a three-year first-look agreement with A24 potentially worth $65 million plus a production bonus. The proposed package would include a Backrooms sequel and another original film. Warner Bros., Universal and Sony were also reported to be pursuing Parsons. No agreement has been announced, so the reported terms remain provisional.