Netflix confirms it pays $587 million to acquire Ben Affleck’s AI company InterPositive, according to disclosures in a securities filing. Multiple outlets report that the figure appears in Netflix’s Form 10-Q filed with the Securities and Exchange Commission, where the company states the acquisition was completed in March. The filing describes the transaction as a cash purchase for a total purchase price of approximately $587 million. Other reporting around the deal had suggested a price near $600 million, including an estimate previously reported by Bloomberg, which several outlets reference as being in a similar range. The outlets also note that Netflix does not provide further public comment beyond including the purchase price in the filing. The disclosures collectively place the acquisition amount at $587 million and confirm the timing of the completion in March, aligning the previously reported estimate with the amount stated in Netflix’s regulatory paperwork.
Netflix confirms $587 million purchase of Ben Affleck AI firm InterPositive
Netflix confirms it pays $587 million to acquire Ben Affleck’s AI company InterPositive, according to disclosures in a securities filing. Multiple outlets report that the figure appears in Netflix’s F...
- Netflix discloses a total purchase price of approximately $587 million for the InterPositive acquisition.
- The acquisition involves Ben Affleck’s AI company, InterPositive.
- Netflix completes the acquisition in March, according to its Form 10-Q SEC filing.
- The $587 million figure closely matches earlier external estimates of around $600 million.
- Netflix references the deal price in a securities filing rather than providing additional public commentary.
Netflix acquired Ben Affleck's AI start-up company InterPositive this past March, and now the insane sum the streaming giant paid has been unveiled.
1 hour agoNetflix acquired Ben Affleck's AI start-up company InterPositive this past March, and now the insane sum the streaming giant paid has been unveiled.
1 hour agoConfirming an estimate reported last March, Netflix said Friday it paid $587 million to acquire Ben Affleck’s AI firm InterPositive. At the time of the surprise deal announcement, Bloomberg reported the streaming giant was paying around $600 million in the transaction. Netflix has not commented on the report, but mentioned the price tag Friday in […]
3 hours agoNetflix paid $587 million in cash when it purchased Ben Affleck’s AI startup InterPositive, the company disclosed in a federal filing. As part of the company’s Form 10-Q report with the Securities and Exchange Commission, Netflix confirmed that it completed an acquisition in March “for a total purchase price of approximately $587 million. The disclosure […]
4 hours agoThe streaming giant disclosed the figure in a footnote in a securities filing Friday.
4 hours ago
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