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Ben Affleck, Matt Damon Set Artists Equity Studio Launch with RedBird Capital Partners

Summary by Ground News
Matt Damon and Ben Affleck say they plan to give freedom and profit-sharing back to artists with their newly launched production company. The duo spoke about their plans for the new company, which follows the closing of their previous Pear Street production firm, in an interview with The New York Times published Sunday.
Published 3 months ago

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VarietyVariety

Ben Affleck, Matt Damon Set Artists Equity Studio Launch with RedBird Capital Partners

The pair vow to expand profit participation and provide a 'talent-friendly' production company backed by investor Gerry Cardinale.

3 months ago·Los Angeles, United States
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DeadlineDeadline

Ben Affleck And Matt Damon Launch Production Company With RedBird Capital’s Gerry Cardinale

Artists Equity is the name of a new production company run by Ben Affleck and Matt Damon

3 months ago·Los Angeles, United States
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TMZTMZ

Ben Affleck & Matt Damon Start Own Production Company, Promise Profits

Ben Affleck and Matt Damon are starting their own production company that promises to put creatives first -- both in terms of less corporate red tape ... and more money long-term. The two Hollywood titans -- who have three Oscars between the both…

3 months ago·Los Angeles, United States
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Film NewsFilm News

Ben Affleck and Matt Damon launch production company

Ben Affleck and Matt Damon are launching a new production company, Artists Equity, which will seek to create "entrepreneurial partnerships" with filmmakers and aims to empower creative vision and "broaden access to profit participation".

3 months ago·United Kingdom
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IndieWireIndieWire

Ben Affleck and Matt Damon Launch Production Company Designed to Increase Streaming Profits for Artists

Ben Affleck and Matt Damon are expanding their lifelong creative partnership in a big way. In an interview with the New York Times, the two actors announced the formation of Artists Equity, a new production company aimed at giving artists a larger share of streaming profits.The company has already raised over $100 million in financing, primarily from the investment firm RedBird Capital Partners. Affleck serves as CEO and Damon as the company’s c…

3 months ago·Los Angeles, United States
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The Hollywood ReporterThe Hollywood Reporter

Matt Damon, Ben Affleck Say New Production Company Aims for “More Equitable” Talent Experience

Matt Damon and Ben Affleck revealed plans for new production company Artists Equity, which will address shifts in profit deals fueled by streaming.

3 months ago·Los Angeles, United States
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