Ben Affleck Matt Damon Launch Production Company Artists Equity
The company has already raised over $100 million in financing, primarily from the investment firm RedBird Capital Partners. Affleck serves as CEO and Damon as the company’s chief creative officer. Affleck plans to exclusively work on Artists Equity films moving forward, while Damon has pledged to star in an undisclosed number of films for the company. Damon will also do all of his future producing through the label. The decision to start the company was prompted by Hollywood’s focus on streaming and the subsequent lack of opportunities for actors and artisans to share box office and syndication profits....