TechCrunch·2 min read·medium

Netflix paid $587M for Ben Affleck’s AI filmmaking startup

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Anthony Ha
Netflix paid $587M for Ben Affleck’s AI filmmaking startup
AI Summary

Netflix has acquired InterPositive, an AI-focused filmmaking startup co-founded by Ben Affleck, for $587 million. The acquisition aims to integrate AI tools into post-production workflows to address common filming challenges.

In a new regulatory filing , Netflix revealed that it paid $587 million in cash for InterPositive, a startup co-founded by actor and director Ben Affleck.

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Netflix paid $587M for Ben Affleck’s AI filmmaking startup — Headlinne — headlinne