Netflix buys Ben Affleck's AI film tech company, InterPositive [Los Angeles Times (CA)]
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Source: Los Angeles Times
Netflix brought the startup into the spotlight Thursday morning as it announced the full acquisition of the company. InterPositive's mission, which focuses on developing “AI-powered tools built by and for filmmakers” and using new technology to “protect and expand creative choice,” will now be exclusive to Netflix. In a press release, the streamer said it is “investing in creator-led innovation that keeps filmmakers at the center of the process.” Netflix said it will bring on InterPostive's entire team and keep Affleck as a senior advisor as part of the acquisition. “The InterPositive team is joining Netflix because of our shared belief that innovation should empower storytellers, not replace them,” Elizabeth Stone, Netflix's chief product and technology officer, said. “InterPositive's impressive technology is purpose-built for filmmakers and showrunners to work with tools that naturally support their creative visions and how they want to bring them to life.” Before founding hi
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