Netflix Pays $587M for Ben Affleck's AI Startup InterPositive
As part of the company’s Form 10-Q report with the Securities and Exchange Commission, Netflix confirmed that it completed an acquisition in March “for a total purchase price of approximately $587 million. Netflix did not respond to an immediate request for comment. The company’s tools allow filmmakers to build an AI model using production dailies to help enhance post-production work such as mixing, relighting shots and adding visual effects, forgoing typical visual generative efforts.
- ▪As part of the company’s Form 10-Q report with the Securities and Exchange Commission, Netflix confirmed that it completed an acquisition in March “for a total purchase price of approximately $587 million.
- ▪Netflix did not respond to an immediate request for comment.
- ▪The company’s tools allow filmmakers to build an AI model using production dailies to help enhance post-production work such as mixing, relighting shots and adding visual effects, forgoing typical visual generative efforts.
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Home Film News Jul 17, 2026 2:39pm PT Netflix Paid $587 Million for Ben Affleck’s AI Startup InterPositive By Corbin Bolies Plus Icon Corbin Bolies Latest About 300 Netflix Titles Used Generative AI This Year, Company Reveals 2 days ago Suno Hack Shows How YouTube Music, Deezer and Genius Data Trained AI Music Generator’s Models 4 days ago Surprise: Many People Prefer AI Audiobooks, New Study Finds 5 days ago See All Michael Buckner/Variety Netflix paid $587 million in cash when it purchased Ben Affleck‘s AI startup InterPositive, the company disclosed in a federal filing. As part of the company’s Form 10-Q report with the Securities and Exchange Commission, Netflix confirmed that it completed an acquisition in March “for a total purchase price of approximately $587 million.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Variety.