US EditionBen Affleck and Matt Damon Pledge Future to Netflix with First Look Deal
Artists Equity will produce and distribute direct-to-streaming films with Netflix, complementing its theatrical deal with Sony and reaching global audiences with a talent-friendly model.
- Recently, Artists Equity signed a multi-year first-look production and distribution agreement with Netflix, covering only straight-to-streaming titles and excluding theatrical releases.
- Following the success of The Rip last month, which spent three weeks at No. 1 and amassed 112.3 million views, Artists Equity, launched in November 2022 and backed by RedBird Capital Partners, aims to expand profit participation and be talent-friendly.
- Project-by-Project talks will determine if films go to Netflix or Sony, with Sony distributing Artists Equity’s theatrical films globally and delivering titles to Netflix via its Pay-1 deal.
- By formalizing the relationship, Artists Equity gains studio‑level duties as lead studio on its Netflix films, aiming to expand profit participation and operate as a talent-friendly outside supplier.
- Later this year, Netflix will release Affleck-directed film Animals, starring Kerry Washington, Gillian Anderson and Steven Yeun; Damon warns streaming favors restating plot points "three or four times in the dialogue".
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The Canberra Times
The West AustralianBen Affleck and Matt Damon pledge future to Netflix
Ben Affleck and Matt Damon agree a first-look streaming deal with Netflix, saying the platform is a "great...
Matt Damon, Ben Affleck's Artists Equity Signs First Look Deal With Netflix
Artists Equity, the studio co-founded by Ben Affleck, Matt Damon and Gerry Cardinale, has entered into a first-look production and distribution agreement with Netflix. The deal comes off of the release of the Artist Equity-produced Netflix film “The Rip,” which has racked up 112 million views on the streaming service since its release on Jan. 16. The film is directed by Joe Carnahan and stars Affleck and Damon alongside Steven Yeun, Teyana Taylo…
Artists Equity Signs First-Look Streaming Deal With Netflix
Ben Affleck, Matt Damon and Gerry Cardinale’s Artists Equity has signed a multiyear streaming first-look, production and distribution agreement with Netflix. Under terms of the partnership, Artists Equity will be the lead studio on the films its produces for Netflix. This deal comes off the success of Artist Equity’s The Rip, which premiered on Netflix on January 16 and spent three weeks at No. 1 on the streamer’s Global Weekly Top 10 chart, a…
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