Netflix disclosed in a regulatory filing that it paid $587 million in cash to acquire InterPositive, a startup co‑founded by Ben Affleck.
Netflix disclosed in a regulatory filing that it paid $587 million in cash to acquire InterPositive, a startup co‑founded by Ben Affleck. The transaction was announced in March. Affleck said the acquisition aimed to preserve human creativity. InterPositive’s AI tools assist filmmakers in post‑production by addressing missing shots, background replacements, and lighting issues. Netflix said the entire InterPositive team would join the company and that Affleck would serve as a senior advisor. Financial terms were not disclosed, though a Bloomberg report noted the deal could be valued up to $600 million. In its latest earnings report, Netflix said roughly 300 of its titles had already employed generative AI.
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- 7/20/2026, 10:00:19 AM
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- 7/20/2026, 10:00:19 AM
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