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

Netflix disclosed that it paid $587 million in cash to acquire InterPositive, an AI filmmaking startup co-founded by Ben Affleck. The brief filing confirms the purchase price but offers few details on how Netflix plans to use the company’s technology.

The deal signals Netflix’s willingness to spend heavily on AI production tools as studios look for ways to streamline filmmaking and content creation. Celebrity-backed AI startups may become more attractive acquisition targets as entertainment companies race to control new creative infrastructure.