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Netflix Set to Acquire AI Firm InterPositive for $600M

3/12/2026

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Story summary
  • Netflix Inc. plans to acquire InterPositive, an AI moviemaking company founded by Ben Affleck, for up to $600 million.
  • Sources indicate the actual cash payment will be lower, with additional earnings for InterPositive's owners contingent on meeting performance targets.
  • This acquisition marks one of Netflix's largest purchases to date.
  • Netflix recently made an unsuccessful bid for Warner Bros. Discovery Inc.
  • Netflix has not revealed the specific terms of the deal.