The Hollywood actors, who won an Oscar for Best Original Screenplay for their work on 1997’s Good Will Hunting, have collaborated on the venture with Gerry Cardinale of RedBird Capital Partners. Affleck and Damon hope to use Artists Equity to foster “entrepreneurial partnerships” with filmmakers in order to empower their “creative vision.” “Artists Equity arose from Matt and my long-held passion for the art of storytelling, as well as our shared desire to assist creators in realizing their vision, as we have been fortunate to do throughout our careers.”