Netflix Paid $587M in Cash for Ben Affleck's AI Film Startup, SEC Filing Shows

An SEC filing reveals Netflix acquired InterPositive, the AI production company backed by Ben Affleck, for $587 million in cash — a concrete data point on how much Hollywood is now willing to pay for generative filmmaking capability.

Netflix paid $587 million in cash to acquire InterPositive, the AI film startup associated with Ben Affleck, according to an SEC filing reported by @DailyMail. Earlier reporting had pegged the company's worth at up to $600 million, so the final figure lands near the top of expectations — an all-cash deal rather than a stock swap, which signals conviction rather than a speculative bet.

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