
"An emotional Damon called up his friend Ben Affleck (53 years old, Berkeley, California). Who cares if we oversaturate the marketplace with movies we're both in? Damon asked. We're crazy if we don't take advantage of the fact that we are both still here and able to do this. And in just five years, that call, and the renewed alliance to which it led, have resulted in a string of new movies."
"The duo's Artists Equity has been billed as an independent studio led by creatives and based on a model of equitable profit sharing among workers. In addition to their initial fee, the entire team receives an incentive based on the films' earnings. In the case of The Rip, which won't earn box-office returns because it went straight to a streaming catalogue, Affleck and Damon arrived at an unprecedented agreement with Netflix."
Matt Damon reacted emotionally to the Beatles' breakup after watching Peter Jackson's The Beatles: Get Back (2021) and called Ben Affleck to revive their collaboration. Within five years the renewed alliance produced a string of new films, most recently the police thriller The Rip on Netflix. The film was produced by their company Artists Equity, an independent studio led by creatives that implements equitable profit sharing. In addition to initial fees, the entire team receives incentives based on earnings. Netflix agreed to a lower upfront price for The Rip in exchange for a performance-based second payment three months after debut to be split among the 1,200 people who worked on the film, reflecting a commitment to fairness and equitable compensation.
Read at english.elpais.com
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