InterPositive's Netflix sale prices Affleck's production AI at $587M
InterPositive built models around a production's own footage, giving Netflix technology designed for post-production rather than synthetic performances.
By Ryan Merket · Published
Primary source: TechCrunch
Why it matters
Netflix paid for specialized production knowledge, controlled training data and Affleck's access to filmmakers as AI use spread across roughly 300 titles.
Ben Affleck's filmmaking technology venture, InterPositive, sold to Netflix in a transaction now reported at approximately $587 million in cash, putting a price on the actor and director's four-year push to build AI around the needs of film production.
TechCrunch reported on July 19th that Netflix's latest regulatory filing disclosed the price. The filing described an approximately $587 million cash acquisition completed in March.…
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