No, his point was that A24 is not doing the "typical" Hollywood thing, by focusing on low-to-mid budget films.
My point was that A24 (which is based in Hollywood) is just doing what New Line Cinema and Fox Searchlight (also based in Hollywood) did before them. New Line has since graduated to mid-to-high budget films due to the success of their early films like Scream. Searchlight still distributes arthouse films but under Disney has a significantly smaller budget to produce or acquire films; it's arguably more indie than A24 is now.
My point was that A24 (which is based in Hollywood) is just doing what New Line Cinema and Fox Searchlight (also based in Hollywood) did before them. New Line has since graduated to mid-to-high budget films due to the success of their early films like Scream. Searchlight still distributes arthouse films but under Disney has a significantly smaller budget to produce or acquire films; it's arguably more indie than A24 is now.