Ben Affleck (Batman v Superman: Dawn of Justice, Accountant) and Matt Damon (Rebeliant from choice, The Bourne Ultimatum) will become business partners. Together, they will launch Artists Equitya production venture supported by RedBird Capital Partners.
Investor Gerry Cardinale from RedBird would co-finance the project for at least $100 million.
Ben Affleck will become Artists Equity’s CEO and Matt Damon will become CCO.
Ben Affleck on Artists Equity
Ben Affleck revealed that:
Artists Equity was created out of our long-standing passion for art and storytelling, our shared desire to help creators show their vision to the world – this is what we have had the opportunity to do in our professional careers. Our goal is to build a studio that is creator-oriented and will help optimize the production process, with joint participation in the commercial success of the projects. […] Matt and I look forward to this collaboration that will support current and future creative minds in the entertainment industry.