Hollywood heavyweight Ben Affleck weighs in on the Skydance-Paramount deal and the potential impact of AI on the film industry, offering insider insights and predictions.
beat sheet
Affleck reveals that his production company, Artists Equity, has pre-sold over $700 million in revenues across seven projects, making it 'meaningfully cash flow positive' in just two years.
Affleck believes that while AI will disrupt certain aspects of filmmaking, like visual effects, it won't be able to replace the creative skills and 'taste' required to make great films, predicting that AI could eventually become a new revenue stream akin to the DVD business.
call sheet
Ben Affleck, Matt Damon, Gerry Cardinale, David Ellison, Artists Equity, RedBird, Paramount, Skydance, CNBC, Good Will Hunting, Succession