‘The Rip’ Cast and Crew Lands Netflix Performance Bonus
The payout follows a Netflix deal that rewards viewership milestones, and the film drew 41.6 million views in its first three days.
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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. […]
Matt Damon, Ben Affleck Hit Netflix Performance Bonus for 'The Rip' Cast and Crew
Artists Equity, the production company co-founded by Matt Damon and Ben Affleck, will share a performance bonus it recently received from Netflix for the success of its film “The Rip” with the movie’s cast and crew. Artists Equity received the bonus as part of a first-look production and distribution deal it signed with Netflix this past March following the strong launch of “The Rip,” which stars Damon and Affleck as members of a Miami police na…
Artists Equity says it has paid out a performance bonus to the cast and crew of The Rip based on viewership figures, an unusual back-end payment from Netflix (Aaron Couch/The Hollywood Reporter)
Aaron Couch / The Hollywood Reporter: Artists Equity says it has paid out a performance bonus to the cast and crew of The Rip based on viewership figures, an unusual back-end payment from Netflix — Ben Affleck and Matt Damon's Artists Equity negotiated a deal with the streamer for such a bonus, something that is not typical for Netflix.
Ben Affleck and Matt Damon pulled off the incredible feat of forcing Netflix to shell out cash after the film's release. Typically, the service pays for the work done upfront and doesn't provide any "percentage of the gross," but in the case of the action thriller "The Big Short"**, the director's team of over a thousand people worked on the film.
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