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

Anthony Ha· ·2 min read · 0 reactions · 0 comments · 69 views
Netflix paid $587M for Ben Affleck’s AI filmmaking startup
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In Brief Posted: 2:45 PM PDT · July 19, 2026 Image Credits:Netflix Anthony Ha Netflix paid $587M for Ben Affleck’s AI filmmaking startup 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. A subsequent report in Bloomberg suggested that the deal could be worth up to $600 million. In its most recent earnings report, Netflix said that around 300 of its titles have already used generative AI.

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Original publisherTechCrunch
Canonical URLhttps://techcrunch.com/2026/07/19/netflix-paid-587m-for-ben-afflecks-ai-filmmaking-startup/
Publication timeSun, 19 Jul 2026 21:45:00 +0000
Retrieval time2026-07-20T03:23:07.618Z
Last seen2026-07-20T03:23:45.688Z
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Opening excerpt (first ~120 words) tap to expand

In Brief Posted: 2:45 PM PDT · July 19, 2026 Image Credits:Netflix Anthony Ha Netflix paid $587M for Ben Affleck’s AI filmmaking startup 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. The streaming company announced the acquisition in March, with a statement from Affleck saying he wanted to “protect the power of human creativity.” According to Affleck, InterPublic’s AI tools help filmmakers improve their footage in post-production, particularly when it comes to making up for “real-world production challenges such as missing shots, background replacements or incorrect lighting.” At the time, Netflix announced that the entire InterPositive team would be joining the company, with…

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