Overview
- Affleck and Damon’s Artists Equity—launched in 2022 with backing from RedBird Capital—negotiated a compensation model that departs from Netflix’s usual upfront-only pay.
- All 1,200 people who worked on the nearly $100 million production are eligible for a one-time bonus if the film hits defined performance benchmarks.
- Performance will be measured against other Netflix titles over the first 90 days using undisclosed, multi-tier metrics.
- The top tier reportedly requires viewership comparable to Netflix’s most-watched releases, though specific thresholds and payouts were not revealed.
- Netflix leaders expressed support for the arrangement, and The Rip, written and directed by Joe Carnahan and starring Affleck and Damon as Miami cops, premieres Jan. 16 on the service.