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Founders · variety.com · Monday, 20 July 2026

Netflix spends $587M on Ben Affleck’s AI filmmaking startup

Netflix confirmed in a Form 10-Q that it paid $587 million in cash for Ben Affleck’s AI filmmaking startup InterPositive. The deal gives Netflix a 16‑person AI team and positions the streamer to embed generative tools into post‑production while keeping filmmakers at the core.

Read the source: variety.com ↗In the 20 July issue →