SEC Filing Reveals Netflix's Huge Deal for Ben Affleck's AI Firm - Internewscast Journal

SEC Filing Reveals Netflix's Huge Deal for Ben Affleck's AI Firm - Internewscast Journal describes how Netflix acquired InterPositive, an AI company founded by actor Ben Affleck in 2022. The deal surprised the Hollywood and tech worlds because little public information about InterPositive surfaced before Netflix disclosed the acquisition. In an SEC quarterly filing, Netflix reported that in March 2026 it completed an acquisition treated as a business combination for an approximate purchase price of $587 million in cash, without naming the target. The filing also did not reference Affleck or InterPositive directly. The report notes that InterPositive had external backing, including support from RedBird Capital Partners, which is linked to Affleck and Matt Damon’s Artists Equity. It revisits earlier estimates that Affleck could have held a 30%–50% stake, implying a value ranging from about $176 million to $294 million, depending on ownership. Using a mid-range 40% assumption, the article estimates his stake could be about $235 million before taxes and fees.