tech
Netflix acquired Ben Affleck’s AI startup for nearly $600 million.
As noted by The Hollywood Reporter, Netflix said in an SEC filing that it paid “approximately” $587 million to acquire a company in March — the same month Netflix announced its deal for InterPositive.
TL;DR
- Netflix paid approximately $587 million for a company acquisition.
- The acquisition took place in March.
- This deal happened in the same month as Netflix's announced deal for InterPositive.
- The information was noted by The Hollywood Reporter in an SEC filing.