acquired 's this past March, and now the insane sum the streaming giant paid has been unveiled.
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Ben Afflecks AI Startup Nets Netflix Massive Payday
Netflix acquired Ben Affleck's AI start-up company InterPositive this past March, and now the insane sum the streaming giant paid has been unveiled.In a Securit...
In a Securities and Exchange Commission (SEC) filing on Friday, the streamer stated that they paid $587 million in cash for the company, per The Hollywood Reporter.
According to the outlet, the information was provided in the company’s form 10-Q, stating that 'in March 2026, the Company completed an acquisition which was accounted for as a business combination for a total purchase price of approximately $587 million, consisting of cash consideration.'
Although the document does not explicitly name InterPositive, the Netflix deal was announced on March 5.
The price was also accounted for in the company's Q1 10-Q, completed in May.
In a statement earlier this year, Affleck said he 'couldn't be happier' with the deal after quietly founding the LA-based company in 2022 with a 16-person team of engineers, researchers and creatives.
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Netflix acquired Ben Affleck's AI start-up company InterPositive this past March, and now the exact figure the streaming giant paid has been unveiled; pictured in May
The streamer disclosed in a Securities and Exchange Commission (SEC) filing on Friday that they paid $587 million in cash for Affleck's company
An insider had previously told Bloomberg in March that the movie star-turned-senior adviser and his investors would earn up to $600 million from the streaming giant as long as it met 'certain performance targets.'
'InterPositive is a tool that's designed to solve the specific problems that I'd encountered as a filmmaker that connect you more to the filmmaking,' Affleck detailed in a Netflix video this past spring.
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Ben Affleck got a hefty boost to his reported $150million fortune when Netflix acquired his AI start-up company InterPositive last week (pictured January 13)
An insider told Bloomberg in March that the movie star-turned-senior adviser and his investors would earn up to $600 million from the streaming giant as long as it met 'certain performance targets'
Affleck shared: 'You can use your own model to remove the wires on stunts, reframe a shot, get a shot you missed, shape the lighting, enhance the backgrounds'
Earlier this year, Affleck starred in the Netflix crime/thriller The Rip, which he produced and acted in alongside longtime best friend and collaborator Matt Damon.
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The Joe Carnahan-directed movie is about Miami cops who seize millions of dollars.
Affleck and Damon first gained notoriety in cinema with their 1997 movie Good Will Hunting, which earned them an Oscar for Best Original Screenplay.
The father of three, who was previously married to Jennifer Garner and later Jennifer Lopez, also scored a Best Picture Academy Award in 2012 as a producer for Argo.
