Ben Affleck is taking a self-described radical approach to an industry he says has been too slow to embrace change. The Oscar winning Actor/Director/Producer is teaming up with RedBird Capital Partners Founder Gerry Cardinale to reimagine the business of moviemaking. The duo spoke with CNBC “Squawk on the Street” Co-Anchor David Faber at the CNBC’s Delivering Alpha Investor Summit on November 13th, 2024. They share the strategy behind their new artist-led studio, Artist Equity, how it’s changing the financial format of Hollywood, and what the emergence of artificial intelligence means for artists and their art.
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