Netflix to Acquire Ben Affleck's AI Studio in Deal Worth Up to $600 Million
Netflix is betting hundreds of millions of dollars that artificial intelligence can help it churn out films and television shows faster and cheaper, striking a deal to acquire Ben Affleck's AI studio in a move that signals the streaming giant's growing appetite to automate creative production. The acquisition, valued at up to $600 million, marks one of the largest investments by a major media company in AI-generated content—a technology that has alarmed Hollywood writers and actors already locked in battles over fair compensation. If successful, the deal could reshape how Netflix produces original content, potentially allowing the company to flood its platform with original programming while sidestepping some of the labor negotiations that have become increasingly costly and contentious.
2 sources
Editorialge Media launches ImagineLab.art, claimed to be a unified AI Studio set
March 13, 2026: AI updates from the past week — CData enhances Connect AI, Gloo AI Studio
CData Software this week announced enhancements to CData Connect AI that bring new capabilities to CData’s managed Model Context Protocol (MCP) platform, adding to connectivity, context, and control...
Opkey Introduces Design Studio Suite of Agentic-AI Capabilities That Slashes Cloud Application Implementation Timelines in Half
Industry's first end-to-end, agentic AI-native platform transforms cloud application lifecycle management for systems integrators ...