Fri Jan 16 11:20:00 UTC 2026: ### Affleck and Damon’s ‘The Rip’ Finds Home on Netflix Amid Shifting Hollywood Landscape

The Story:

The action film “The Rip,” starring Ben Affleck and Matt Damon, has premiered on Netflix, bypassing a traditional theatrical release. This decision reflects the evolving landscape of Hollywood, where streaming services are increasingly becoming the primary destination for films, especially those outside of established franchises. The film, directed by Joe Carnahan, received a substantial budget of close to $100 million, despite being an R-rated, non-IP project. Netflix reportedly modified its standard pay structure to accommodate Affleck and Damon’s profit-sharing model, indicating the streamer’s eagerness to secure the film.

Key Points:

  • “The Rip,” starring Ben Affleck and Matt Damon, is directed by Joe Carnahan.
  • The film is a “sturdy, straightforward throwback” to action movies of the past, concerning a fight over $20 million discovered by Miami officers.
  • The film has a reported budget of close to $100 million.
  • Netflix altered its pay structure to accommodate Affleck and Damon’s profit-sharing model (Artists Equity).
  • The movie premiered on Netflix on January 16, 2026.

Key Takeaways:

  • Streaming platforms are increasingly influential in the film industry, impacting distribution strategies.
  • Established stars like Affleck and Damon are embracing streaming platforms, signalling a shift in the perceived value of theatrical releases.
  • Netflix’s willingness to adjust its financial models for certain projects highlights its competitive strategy to attract high-profile talent and content.
  • The action-thriller genre is finding a comfortable home on streaming, potentially leading to more projects of this type being developed for smaller screens.

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