The 1,200-person team behind The Rip has scored some additional compensation for their work.
Ben Affleck and Matt Damon‘s Artists Equity, which is behind the movie, revealed Wednesday that it has paid out a performance bonus to the cast and crew of the movie.
The move comes after the production banner negotiated a unique deal with Netflix that would give them a bonus should it meet viewership thresholds. Typically, Netflix pays just an upfront fee rather than offering viewership incentive bonuses.
“We built Artists Equity on the belief that filmmakers should share in the value they bring to a project,” said Affleck and Damon in a statement. “The incredible cast and crew of The Rip are no exception. They each played a critical role in making this film the success that it is. We are grateful for their work and glad to see it connecting so deeply with audiences. We’d also like to thank Netflix for their belief in this project and the unique structure around it. This is a great proof point for our new partnership, and we’re confident it will be just the first in many shared hits.”
The crime drama bowed in January to 41.6 million views over its first three days and hailed from director Joe Carnahan.
Artists Equity launched in 2022, with financing from Gerry Cardinale and his RedBird Capital Partners, and touted a business model in which everyone who worked on a movie would receive a piece of the profits.
The company has a first-look at Netflix that began in March in the wake of The Rip. Coming up, it has the Affleck-directed Animals set for Netflix. He stars opposite Steven Yeun, Kerry Washington and Gillian Anderson.
Affleck and Damon first revealed their deal with Netflix for a potential Rip bonus back in January, with Affleck stating at the time, “We wanted to institute fairness and address some of the real issues that are present and urgent for our business.”
