Ben Affleck ‘scores $600m deal’ with Netflix to sell his AI film start-up

Ben Affleck got a huge boost to his reported $150 million fortune with Netflix’s acquisition of artificial intelligence start-up company InterPositive last week.

An insider said on Wednesday: Bloomberg The 53-year-old movie star-turned-senior advisor and his investors will earn up to $600 million from the streaming giant as long as he meets ‘certain performance targets,’ he said.

One expressionAffleck said he “couldn’t be happier” with the Netflix deal after quietly launching the Los Angeles-based company in 2022 with a 16-person team of engineers, researchers and creatives.

“InterPositive is a tool designed to solve specific problems I face as a filmmaker that makes you more engaged in filmmaking,” said the two-time Oscar-winning filmmaker. Netflix video.

‘This isn’t about text redirection or making something out of nothing. You make a model from your own material. That’s how it works. ‘Before you can actually build your model around your film using AI, you first need to create your film.’

Affleck wanted to ‘eliminate all the logistical, difficult and technical issues that often get in the way.’

“You can use your own model to lift wires from stunts, reframe a shot, take a shot you missed, shape the lighting, enhance the background,” said The Rip producing star.

‘If you can eliminate some of these problems, yes you can do it quicker, you can do it easier, you’re giving more options, you’re giving more opportunities, you’re getting more episodes of your favorite shows, you’re getting more human labor.’

Affleck emphasized that their goal is to “preserve what makes storytelling human” and argued that they will do this based on their common “values” and Netflix’s “responsibility to implement and scale technology.”

And since 2022, the Dunkin’ brand ambassador has been busy running independent artist-led studio The Artists Equity alongside childhood friend Matt Damon and RedBirdCapital’s Gerry Cardinale.

Once 10th cousins, the Boston besties met as neighbors in Cambridge, MA, before co-writing the Oscar-winning screenplay for Gus Van Sant’s 1997 drama Good Will Hunting.

Last month, Deadline Affleck and Damon will reportedly executive produce Tom McCarthy’s untitled dark comedy drama for Sony Classics, starring Paul Rudd, Evan Peters, Amy Ryan, Paul Giamatti and Tatiana Maslany.

An insider told Bloomberg on Wednesday that the 53-year-old movie star-turned-senior advisor and his investors will earn up to $600 million from the streaming giant as long as he meets “certain performance targets.”

Affleck said in a statement that he “couldn’t be happier” with the Netflix deal, after quietly founding the Los Angeles-based company in 2022 with a team of 16 engineers, researchers and creatives.

“InterPositive is a tool designed to solve specific problems I face as a filmmaker, connecting you more to filmmaking,” the two-time Oscar-winning filmmaker said in the Netflix video.

‘This isn’t about text redirection or making something out of nothing. You make a model from your own material. That’s how it works. Before you can actually build your model around your movie using AI, you first need to create your movie.

“You can use your own model to remove wires from stunts, reframe a shot, catch a shot you missed, shape lighting, enhance backgrounds,” Affleck added.

The Rip producer-star emphasized that their goal is to “preserve what makes storytelling human” and argued that they will do so based on their shared “values” and Netflix’s “responsibility to implement and scale technology.”

The Kiss of the Spider Woman producer recently shot his sixth feature-length directorial effort, Animals; He co-wrote, produced, directed, and starred as Los Angeles Mayor candidate Milo Bradford in this film.

The Netflix hostage thriller also stars Gillian Anderson, Kerry Washington and Steven Yeun.

Affleck previously directed the films Gone Baby Gone (2007), The Town (2010), Argo (2012), Live by Night (2016) and Air (2023).