Ben Affleck and Matt Damon start film and television production company Artists Equity

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Ben Affleck and Matt Damon launched the film and television production company Artists Equity, which is artist-led and will work with filmmakers to focus on creative perspectives and expand profitable participation.

Ben Affleck and Matt Damon start film and television production company Artists Equity

Investment firm RedBird injected at least $100 million into Artists Equity, with Affleck and Damon also putting in an undisclosed amount of money.

The two previously joined forces to create the film and television company Pearl Street, which has since closed.

Ben Affleck and Matt Damon have grossed more than $10.7 billion worldwide combined as filmmakers, starred or co-starred in more than 110 films combined, written six screenplays that went into production, executive produced and scripted eight television episodes, and won three Academy Awards.

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