InterPositive Media
Broadcasting · New York, United States · 1-10 Employees
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Overview
Headquarters
249 W 29th St Apt 16, New York City, New...Website
www.interpositive.comRevenue
<$5 MillionIndustry
About InterPositive Media
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InterPositive Media News & Media
Netflix may have paid $600 million for Ben Affleck’s AI startup
This deal could rank as among the streaming giant's largest acquisitions ever.Netflix Buys Ben Affleck's AI Filmmaking Startup InterPositive
Netflix, Inc. shares are trading relatively flat on Thursday after the firm said it acquired filmmaking technology company InterPositive, founded by American actor Ben Affleck. Financial terms of the deal were not disclosed. The move highlights Netflix's push to develop creator-focused artificial intelligence tools for film production. The development comes amid a competitive battle between Netflix and Paramount Skydance Corporation to acquire media giant Warner Bros. Discovery, Inc., which is nNetflix acquires Ben Affleck's AI film-tech firm
Netflix said on Thursday it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner Ben Affleck that produces artificial intelligence-powered tools for movie production. Financial terms of the deal were not disclosed. The media industry is warming up to the idea of using AI for content and storytelling, a major pivot from Hollywood's earlier concerns about the new technology challenging creative jobs and intellectual property rights.
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Frequently Asked Questions Regarding InterPositive Media
InterPositive Media is an award-winning socially conscious production company founded by Stefan Forbes, known for creating impactful documentary films that address critical social issues such as race, class, and restorative justice. The company has produced notable works like 'Hold Your Fire' and 'Boogie Man: The Lee Atwater Story', both of which h... Read More