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Affleck & Damon's Artists Equity Seals Netflix Deal

Summary

  • Artists Equity partners with Netflix for crime thrillers and future films.
  • A three-year deal with Sony will distribute theatrical films globally.
  • Decisions on project placement with Netflix or Sony are made case-by-case.
Affleck & Damon's Artists Equity Seals Netflix Deal

Artists Equity has entered into a pivotal partnership with Netflix, solidifying its presence in the streaming market. This move comes after the successful collaboration on the crime thriller "The Rip," which topped Netflix's charts for three weeks. Netflix is also slated to release Affleck's next directorial project, "Animals," later this year.

This streaming pact complements a separate three-year agreement with Sony Pictures, focusing on global theatrical distribution. Under the Sony deal, the studio will finance and distribute Artists Equity's films intended for cinemas worldwide, with options for co-financing.

Decisions regarding which platform will host specific projects will be made on an individual basis, following discussions between Artists Equity and its studio partners. This approach allows for strategic placement based on the nature of each film.

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