Netflix paid $587 million for Ben Affleck’s AI company

The streaming giant disclosed the figure in a footnote in a securities filing Friday

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When Netflix acquired Ben Affleck’s mysterious AI company InterPositive earlier this year, it took the industry by storm.

What was the company? What tools did it create for filmmakers? How would Netflix use them, and use Affleck, who committed to work as a senior advisor to the company in the deal?

And then there was the question of price. How much was the company worth to the streaming giant? Thanks to a new securities filing, we know the answer to that final question.

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