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Artists Equity Gives Bonuses To Cast And Crew Following Success Of ‘The Rip’ On Netflix

Deadline·Justin Kroll·19 days ago
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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 they produce for the global streaming leader. “We built Artists Equity on the belief that filmmakers should share in the value they bring to a project,” said Affleck and Damon, Artists Equity’s CEO and Chief Content Officer, respectively. “The incredible cast and crew of  The Rip  are no exception.…

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