'Ben Affleck, Matt Damon Pact with RedBird for Artists

Damon Pact with RedBird for Artists

Media investor

Gerry Cardinale’s RedBird is said to have committed at least $100 million to funding the

Affleck will

serve as CEO while Damon is chief content officer

Michael Joe,

an alum of Universal Pictures and STX Films, has signed on as chief operating officer

“Our goal

with Artists Equity is to build a creator-focused studio that can optimize the production process

We are

thrilled to partner with Gerry Cardinale and the RedBird team, who have a long track

Matt and

I are looking forward to working together to empower the current and future creative minds

Artists Equity’s

first project is already in production, a still untitled drama that Affleck wrote and

Damon stars

as the Nike executive who landed the endorsement deal with Chicago Bulls superstar Michael Jordan

Artists Equity

joins Amazon Studios, Skydance Sports and Mandalay Pictures as a producer on the film

The partners

said Artists Equity aims to release three projects in 2023 and a minimum of five projects

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