Ben Affleck & Matt Damon Start Own Production Company, Promise Profits

  • 📰 TMZ
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  • 2 min. at publisher
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  • News: 17%
  • Publisher: 59%

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Affleck and Damon are teaming to launch a production company that promises to offer creatives back-end participation points and a cut of the profits -- a practice that's become lost in Hollywood amid the streaming era.

..."As streamers have proliferated, they have really ended back-end participation, and so this is partly an effort to try to recapture some of that value and share it in a way that’s more equitable." He went on to add,"Not just writers and directors and stars. But also cinematographers, editors, costume designers and other crucial artists who, in my view, are very underpaid."

Artists' Equity also aims to do what big studios can't ... getting out of the way, and letting creatives have actual ownership/control of their vision without all the politics that tend to hinder production, sometimes for the worst. At AE, Ben and Matt are adopting laissez-faire. It's a neat idea ... and it's not just a pipe dream either. Matt and Ben have secured at least $100 million in initial financing from RedBird Capital Partners -- plus an undisclosed amount of dough from their own pockets. Ben says he's going to lend his services exclusively to Artists' Equity going forward. Matt's committed to a handful of films as well.

 

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So over these 🤡🤡

No thank you

Fortune favors the brave

SayTheirNames Qatar2022 ENGIRN واضح؟

This looks like a scam.

Sounds great guys. Best of luck!

They have a couple already don't they ..something ' On The Hill ' and some other shit ..

MichelArouca

Why was Matt Damon in “Lviv” Ukraine, if this is in fact a real war? 35 sec In

Good

Didn’t they already do this with “Greenlight” ?

Were can I sign up

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 /  🏆 379. in TH

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