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