{"id":362529,"date":"2026-01-10T09:22:07","date_gmt":"2026-01-10T09:22:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/362529\/"},"modified":"2026-01-10T09:22:07","modified_gmt":"2026-01-10T09:22:07","slug":"ben-affleck-matt-damon-convince-netflix-to-give-the-rip-crew-bonuses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/362529\/","title":{"rendered":"Ben Affleck, Matt Damon Convince Netflix to Give The Rip Crew Bonuses"},"content":{"rendered":"

\n\tFor Ben Affleck<\/a> and Matt Damon<\/a>\u2019s upcoming Netflix<\/a> movie The Rip, the filmmakers pushed the streamer to strike a deal that would reward their crew with bonuses if the film performs well.<\/p>\n

\n\tThe agreement was made through Affleck and Damon\u2019s production company, Artists Equity, and is a departure to how Netflix structures compensation. Unlike traditional studios, which often combine upfront salaries with back-end participation to some players if a film or series succeeds, Netflix typically pays cast and crew an upfront fee determined in advance.<\/p>\n

\n\t\u201cWe wanted to institute fairness and address some of the real issues that are present and urgent for our business,\u201d Affleck told The New York Times<\/a>. \u201cThis deal is fundamental, philosophically, to the ideas we had in starting this company.\u201d<\/p>\n

\n\tUnder the deal for The Rip<\/a> \u2014 a movie that follows a pair of Miami cops that find hidden money \u2014 all 1,200 people involved in the nearly $100 million production will be eligible for a one-time bonus if the film meets performance expectations. The movie will be evaluated over its first 90 days on Netflix and measured against other titles on the platform, with the idea that there\u2019s a potential for an additional payout to the crew, according to The New York Times.<\/p>\n

\n\t\u201cEverybody who\u2019s in this movie, from top to bottom, or worked on the crew, will be bonused according to metrics which we\u2019ve already defined and they\u2019ve shared with us,\u201d Affleck said, though he did not specify what those metrics were.<\/p>\n

\n\tAffleck and Damon launched Artists Equity in late 2022<\/a>, with the company sharing profits with all who work on their movies. <\/p>\n

\n\tOn The Rip, Affleck credited Netflix co-chief executive Ted Sarandos for supporting Artists Equity\u2019s approach. \u201cI thought this is clearly somebody who cares about this business, wants it to work, is doing very well and understands the value of filmmakers and performers and artists,\u201d he said.<\/p>\n

\n\tOne intriguing sidenote to the deal is the financial backing behind Artists Equity. The company is financed by Gerry Cardinale and his RedBird Capital Partners, which has committed more than $100 million to the production venture.<\/p>\n

\n\tBut Cardinale and RedBird are also engaged in a fierce battle with Netflix over another prize: Warner Bros. Discovery.<\/p>\n

\n\tNetflix has a signed deal to acquire Warner Bros. for $82.7 billion<\/a>, with the ambition of bringing the fabled studio into its fold. But the deal with Netflix came after WBD spurned David Ellison\u2019s Paramount, which had been pursuing a merger since the late summer.<\/p>\n

\n\tRedBird is a strategic investor and partner to Paramount and Ellison, with a number of RedBird operating executives joining Paramount after Ellison\u2019s deal closed to help run the company, including president Jeff Shell. Cardinale also sits on the Paramount board.<\/p>\n

\n\tOf course, any business relationship needs to be handled at arm\u2019s length, so the cutthroat battle for WBD and the more partner-oriented dealmaking for Artists Equity are not necessarily at odds when it comes to RedBird\u2019s approach to the business.<\/p>\n","protected":false},"excerpt":{"rendered":"For Ben Affleck and Matt Damon\u2019s upcoming Netflix movie The Rip, the filmmakers pushed the streamer to strike…\n","protected":false},"author":2,"featured_media":362530,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[14192,6491,96,2828,392,56,54,55],"class_list":{"0":"post-362529","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-celebrities","8":"tag-ben-affleck","9":"tag-celebrities","10":"tag-entertainment","11":"tag-matt-damon","12":"tag-netflix","13":"tag-uk","14":"tag-united-kingdom","15":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/362529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=362529"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/362529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/362530"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=362529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=362529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=362529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}