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Not a single original film broke the box office top 15 in 2024
(www.businessinsider.com)
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2024 discussion threads
What you're describing is called a "mid-budget movie", and you're right that there doesn't seem to be much of them nowadays.
They make them but they aren't intensely marketed. They rely on word of mouth but they don't get as much word of mouth as A24 movies so they often fall by the wayside.
Ain't nobody talking about Small Things Like These, which is why despite a minimal $12.4m budget it only made $8.9m back.