Netflix Paid $587 Million for Ben Affleck's AI Company. Here's What It Actually Does
Netflix paid $587 million for Ben Affleck's AI filmmaking company InterPositive. Here's what the technology actually does for movies and TV.
Ben Affleck is best known for making movies, but one of his biggest recent Hollywood ventures involved building artificial intelligence for the people making them.
Netflix announced in March that it was acquiring Affleck's filmmaking technology company InterPositive. Several months later, a regulatory filing revealed just how seriously the streamer valued the business: $587 million in cash.
The huge figure is worth revisiting now as investment in AI filmmaking accelerates across Hollywood and new AI-focused studios, production companies and creator tools continue to emerge.
InterPositive is not primarily about replacing actors with artificial performers. Affleck founded the company around the idea that generative technology could give filmmakers more control over material they had already created. Its tools are intended for areas including post-production, where filmmakers can face expensive problems once principal photography has finished.
That could mean changing a background, dealing with a missing shot or altering lighting without having to rebuild a set and bring an entire cast and crew back together.
Affleck has repeatedly positioned the technology as something controlled by filmmakers rather than a system intended to remove them from the process.
Netflix acquired InterPositive's team as part of the deal, while Affleck became a senior adviser to the streamer. The acquisition also arrived during a much wider expansion of generative AI at Netflix. By July, the company said AI tools had already been used across roughly 300 Netflix titles in different ways.
That makes the $587 million price particularly significant. Hollywood companies regularly experiment with new technology, but spending more than half a billion dollars acquiring an AI filmmaking business is a much bigger commitment than testing another piece of software.
As studios decide where AI actually belongs in movie and television production, Netflix has already made one of the clearest bets yet: the technology will increasingly sit inside the filmmaking process itself, rather than remaining something happening outside Hollywood.