Artists Equity will play the cast and crew of The Rip an additional performance bonus, as the hit film has crossed a key success threshold on Netflix. Artists Equity received the bonus as part of a novel deal with the streamer and is passing it on to cast and crew in accordance with its talent-centric business model. The pic stars Artists Equity founders Matt Damon and Ben Affleck with Joe Carnahan directing.
Following The Rip’s success, in March, Artists Equity and Netflix entered a multi-year streaming first-look, production, and distribution agreement. The deal sees Artists Equity serving as lead studio on films
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