Matt Damon and Ben Affleck say they plan to give freedom and profit sharing back to artists – from writers and from director to costume designer and editor – and their new production company, Artists’ Equity.
Two people are accepting
New York Times Sunday published. The indie production company comes after Damon and Affleck “received at least $1 million in financing from investment firm RedBird Capital Partners,” with Affleck and Damon committing an “unknown” amount of funding of their own.
Calling the new company his “next step in my career in a long time,” Affleck said the Oscar-winning actor, producer and director plans to work with The company’s exclusive partnership. Damon, who will exclusively produce on Artists’ Equity, said the company will allow film and TV talent “to own their creativity, providing established and emerging filmmakers with a platform to streamline their content development. “
“I know what kind of freedom artists crave and how to empower them—to be treated like adults,” Affleck said.
With the arrival of the latest production house as streaming begins to shift its focus from quantity to quality, the actors added that they hope to address the impact streaming companies have had on film and TV producer deals over the past five years.
“With streaming proliferating, they did end the backend involvement, so it’s partly an attempt to recapture some value and share it in a more efficient way to be fair ,” Affleck said. “It’s not just writers, directors, and stars. But the cinematographer, editor, costume designer and other key artists are all very underpaid in my opinion. “
Affleck, at 2000, noted that he was humbled by the experience, but ready to embrace the latest Trying.
“I have to admit, there’s a part of me that’s like—come on, these studio guys are sitting behind desks on the phone. Artists are the ones who have to go away and actually make the film and do all the work. I’m already humbled,” he said. “But my only regret is that I didn’t have the self-awareness to try this sooner. Now I’m ready to go. I am at a stage in your life where you have enough experience, self-confidence and self-confidence. ”
Actors’ Equity will feature three films in its first year, including an untitled sports drama directed by Affleck and starring Affleck, Damon and Alex Convery. 80 The Sneaker Salesman, who convinced Michael Jordan to team up with Nike, centers on the Sneaker Salesman and will be produced by Skydance Sports, Mandalay Pictures and Amazon Studios.
After the first year, the company’s annual goal will be five films per year.