WEBVTT

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Welcome to the Deep Dive. We sift through the

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sources, cut through the noise, and really focus

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on what matters. Today we're, uh, digging into

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a career that seems almost like a contradiction

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in terms. Matthew Page Damon. Yeah, Matt Damon.

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He's got this like every man vibe, but he's also

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this global box office powerhouse. Exactly. And

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not just an actor, right? He's consistently worked

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behind the camera, screenwriter, producer, even

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this ethical entrepreneur kind of figure trying

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to shape his own path. It's really the heart

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of it, isn't it? That tension. He doesn't just

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rent out his fame. He's actually building the

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systems he works in. Think about it. He's defined

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just as much by, say, the massive success of

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the Bourne movies. Huge. As he is by setting

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up production companies that are focused on,

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you know, fair pay and social issues. Right.

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And speaking of success, we should probably put

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some numbers on that right away. Yeah. The sources

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make it clear his commercial impact is just huge.

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Oh, absolutely. Back in 2007, Forbes already

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had him ranked as one of the most bankable stars

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out there. And that wasn't just popularity, remember?

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Yeah. That ranking was about... RY return on

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investment. Yeah, what was the number? It was

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something like... It was incredible. The analysis

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showed he was averaging $29 at the box office

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for every single dollar he earned. That's based

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on his last three movies at that point. $29 back

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for every dollar spent? I mean, if you're a studio

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exec, that's almost unbelievable. It proved he

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wasn't just critically liked. He was a profit

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engine. And by 2010, yeah, the stats put him

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up there with the highest grossing actors ever.

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But it's not just about the money, is it? He's

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got the critical respect, too. Definitely. The

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awards back it up. He's got the Oscar for Best

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Original Screenplay. For Good Will Hunting, yeah.

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Two Golden Globes, one for writing, one for acting

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later on. And a Screen Actors Guild Award, too.

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Plus tons of nominations. It shows he's seen

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as both a performer and a creator. So our mission

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today is really to trace that whole arc. From

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his college days that led to that breakthrough

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script. Right. Through becoming the super reliable

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blockbuster lead and then evolving into this

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like creative architect role he has now, leading

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new companies, dealing with activism. And all

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the public attention that comes with that. Yeah.

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Let's unpack the whole Damon dossier. OK, let's

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start where it all began. Cambridge, Massachusetts.

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But maybe not the Cambridge you first think of.

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All right. Cambridge, Massachusetts. Born October

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8th, 1970. And his early life, looking at the

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sources, it really wasn't your standard Hollywood

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upbringing. Not at all. His dad, Kent, was a

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stockbroker. His mom, Nancy Carlson Page, she's

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actually quite well known in her field, early

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childhood education professor. But they divorced

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when he was really long, right? Like two. Yeah,

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it's two. He and his older brother, Kyle, who's

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an artist, a sculptor, they moved back to Cambridge

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with their mom. And they lived in this six family

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communal house. A communal house. That's different.

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Definitely not the Hollywood Hills. Right. It

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sounds like it fostered independence. But Damon

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himself said later that, well, he felt kind of

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lonely as a teenager. Really? He mentioned his

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mom's approach to child rearing was quite strong.

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strict, very academic, and maybe that combined

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with the communal living. He said it made it

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hard for him to sort of figure out his own identity,

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which might be why he gravitated towards acting,

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you know. Makes sense. And he got into acting

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pretty early. Yeah, he did. He went to Cambridge

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Alternative School, then Cambridge Ringe and

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Latin School. And that's where the famous partnership

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with Ben Affleck really started. Ah, Ringe and

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Latin. That connection runs deep. It does. He

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gives a lot of credit to his drama teacher there,

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Jerry Spica. Called him a major influence. But

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didn't he also joke that Spica always gave Affleck

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the better parts? He did. With a bit of wry humor,

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yeah. Yeah. Sounds like that friendly competition,

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that needing to kind of push each other, was

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there from the start. Probably fueled both of

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them. And that educational path led him to Harvard.

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Yep. Harvard University, class of 92. Lived in

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Lowell House. He was an English major, did student

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theater. And he was in one of those final clubs

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too, right? The Delphic Club? He was. Which,

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for anyone listening who doesn't know the Harvard

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scene, these final clubs are these very old,

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very exclusive sort of social clubs. Pretty elite.

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But he didn't actually finish Harvard, did he?

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No, and this is a key moment. The pull of acting

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was too strong. He made this calculated bet that

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didn't pay off initially. What happened? He left

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Harvard, just 12 credits short of his degree,

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12 credits, to take a lead role in a Western

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called Geronimo, an American legend. This was

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1993. And he thought Geronimo was going to be

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his big break. Apparently so. He admitted later

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it was a mistake kind of driven by youthful confidence.

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He expected it to be this massive hit. And it

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wasn't. No, flopped. Yeah. So suddenly he's not

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graduating Harvard. The movie didn't launch him.

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And he finds himself back in L .A., broke, crashing

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in Affleck's apartment, just trying to get any

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role he could. Wow. That must have been a tough

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period. Crucial, though, because that financial

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pressure, that feeling of needing to make something

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happen, seems to be what really pushed him and

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Affleck to focus on writing something for themselves.

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Which brings us to Good Will Hunting. The Breakthrough.

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And the origin story is almost mythical now,

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but it started pretty small. Wasn't it from a

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class assignment at Harvard? Exactly. An essay,

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basically. He wrote this short, like 15 -page

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play for an English class, and that became the

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seed for the character Will Hunting. Just amazing.

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So they took that seed. And they worked on it

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for years, living together, bouncing ideas, pitching

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it around. Apparently they got some pretty wild

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notes back from studios early on. Like what?

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Oh, suggestions to add more action. Or maybe

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someone else should play the leads. You know,

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typical development hell stuff. But they stuck

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with it. They did. Our sources mentioned they

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got really important advice from people like

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Rob Reiner and especially the legendary screenwriter

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William Goldman. The William Goldman. Wow. What

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did he help with? Apparently Goldman really helped

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them crack the structure, particularly the ending.

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And the whole script just felt real because it

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drew so heavily on their own experiences, their

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observations of growing up around Cambridge and

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South Boston. So when it finally came out in

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1997, the impact was huge. Seismic is the word.

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Instantaneous. It wasn't just a hit movie. It

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was like this cultural moment. Critics loved

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it, called it witty, vigorous. Damon's performance

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was praised as charismatic. It just immediately

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proved they weren't just actors trying to write,

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they were writers. And the payoff. Life -altering.

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Academy Award Golden Globe for Best Original

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Screenplay. The each got paid $600 ,000 for it,

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which was... massive for unknowns back then.

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600 grand each. Wow. And the film grossed over

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$225 million worldwide. Damon said going from

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being broke to that level of fame almost overnight

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was just... Nearly indescribable. Imagine that,

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winning an Oscar in your 20s for something you

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started in a college class. It really sets the

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tone for his whole career, doesn't it? That idea

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that creative control leads to success. Absolutely.

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Yeah. But even before the Oscar win, he was showing

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this incredible, almost obsessive dedication

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to the acting craft itself, especially the physical

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side. Right, the transformations, like for Courage

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Under Fire. Yeah, that was before Good Will Hunting

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even came out in 1996. He played an opiate -addicted

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soldier. And to look the part, he dropped, get

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this, 40 pounds. That's 18 kilos in just 100

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days. How? On his own regimen, self -prescribed

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diet and intense exercise, which sounds incredibly

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dangerous, frankly. But it got him noticed. Oh,

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yeah. Critics called his performance impressive,

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but it apparently took a huge toll on him physically.

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Then he had to gain most of it back really quickly

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for the Rainmaker in 97. And then he lost weight

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again soon after. Yep. dropped about 25 pounds,

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11 kilos, to play Tom Ripley in The Talented

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Mr. Ripley in 99. that manipulative anti -hero

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role. So this pattern of intense physical commitment

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was there early on. He clearly saw it as part

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of building the character. Exactly. And that

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kind of dedication really carried over into the

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next decade, the blockbuster years. Yeah. Hashtag,

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hashtag, hashtag two, franchise star in the blockbuster

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decade. So the 2000s arrive and Damon makes this

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huge shift. He goes from being the indie darling

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who wrote his own ticket to being, well, the

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definition of a reliable, bankable, global movie

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star. This was really the franchise decade for

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him. Yeah, he ended up anchoring two massive

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trilogies almost simultaneously. First up was

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the Oceans series, starting in 2001. Right, Oceans

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11, 12, 13. He played Linus Caldwell, the kind

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of rookie thief in that big ensemble. And wasn't

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that role originally meant for someone else?

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It was. Mark Wahlberg, apparently. He turned

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it down, so Damon stepped in. And Oceans 11 was

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just... Cool, smooth, and a huge hit. Colossal.

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It let Damon flash that sort of everyman charm

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within this super stylish ensemble cast, didn't

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have to carry the whole thing. And yeah, it made

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a fortune, like $450 million worldwide on an

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$83 million budget. But the role that really

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defined that era for him and cemented him as

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an action star was Jason Bourne, starting in

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2002. Absolutely, Jason Bourne, the amnesiac

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assassin. It's fascinating, though, because he

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landed that role when things were actually a

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bit uncertain for him. him professionally. Really?

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After Oceans? Well, Oceans was big. But remember,

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some of his other films around that time, like

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All the Pretty Horses in 2000, hadn't done well

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commercially. He actually said he was jobless

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for about six months before The Bourne Identity

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came along. Wow. So Bourne wasn't a guaranteed

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hit in his mind. Apparently not initially. He

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even had some doubts about whether it would find

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an audience. But once he took it, he committed

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fully. And how. He didn't just phone it in. The

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training was legendary. Totally. He insisted

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on doing a lot of his own stunts. He went through

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three months of intense training stunt work,

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weapons, boxing, and that Filipino martial art.

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You see that same discipline again, right? Like

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with courage under fire. He wanted it to feel

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authentic. Exactly. And critics really responded

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to that. Roger Ebert loved the first film, praised

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its focus on spycraft, and Damon's ability to

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be so focused and sincere made Bourne feel smart

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and dangerous, not just a blunt instrument. And

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by the time the sequel, The Bourne Supremacy,

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came out in 2004, the character was iconic. Totally

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iconic. He won an Empire Award for Best Actor

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for that one. The critics noted his astute, underplayed

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performance, how he avoided typical movie star

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vanity. Entertainment Weekly called him one of

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the decade's best mixer of brawn and brains.

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That really nails the Damon brand at that point,

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doesn't it? Smart, grounded action. Perfectly.

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But what's interesting is that massive success

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didn't totally box him in. In 2006, he's also

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in Martin Scorsese's The Departed. Which won

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Best Picture? Playing the undercover state trooper

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inside the mob. Right. And that role showcased

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that other quality we talked about, his ability

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to kind of blend into a powerhouse ensemble but

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still be totally essential. The New York Times

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had a great line about that, didn't they? Something

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about his ability to recede into a film while

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also being fully present. That's the one. It's

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key to his appeal. He wasn't trying to outshine

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DiCaprio or Nicholson. He was the relatable guy,

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the anchor in the middle of all that chaos, the

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audience's way in. So you've got the franchise

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lead, the reliable ensemble player. Yeah. It

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makes sense that Forbes called him the most bankable

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star in 2007. Studios knew he delivered. Huge

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return on investment. But that level of success,

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being that bankable, also sets up maybe the most

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famous what if of his career. The avatar decision.

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$250 million mistake, as some call it. It's legendary

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now. It just perfectly illustrates the kind of

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insane opportunities and tough choices that come

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with that level of fame. James Cameron offered

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him the lead in Avatar. The lead role, Jake Sully.

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Yep. But Damon turned it down. Why on earth?

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Loyalty and contracts. He was committed to the

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Bourne franchise, filming the Bourne ultimatum,

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I believe, and the schedules conflicted. He didn't

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want to abandon the series that had been so good

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to him. Okay, that's professional integrity.

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But the crazy part was the money Cameron offered,

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right? That's the kicker. It wasn't just the

00:12:03.710 --> 00:12:06.409
role. Cameron offered him 10 % of the film's

00:12:06.409 --> 00:12:09.870
profits. 10%. Of Avatar. Yeah. Which became the

00:12:09.870 --> 00:12:11.529
highest -grossing film of all time. Exactly.

00:12:11.730 --> 00:12:14.330
Do the math on 10 % of what? Nearly $3 billion

00:12:14.330 --> 00:12:17.370
worldwide? It's hundreds and hundreds of millions

00:12:17.370 --> 00:12:19.730
of dollars. Unbelievable. Damon himself jokes

00:12:19.730 --> 00:12:22.409
about it constantly. He's quoted saying, I will

00:12:22.409 --> 00:12:25.450
go down in history. You will never meet an actor

00:12:25.450 --> 00:12:28.289
who turned down more money. It's kind of amazing

00:12:28.289 --> 00:12:30.009
he can laugh about it. Well, it may be easier

00:12:30.009 --> 00:12:32.350
to laugh when you're still Matt Damon, but it

00:12:32.350 --> 00:12:34.590
shows the scale he was operating on. Absolutely.

00:12:34.809 --> 00:12:36.850
And just to keep things grounded, we should mention

00:12:36.850 --> 00:12:40.480
not everything he touched. turned to gold in

00:12:40.480 --> 00:12:43.000
that decade. There were other non -franchise

00:12:43.000 --> 00:12:46.039
films, dramas like All the Pretty Horses or that

00:12:46.039 --> 00:12:48.820
fantasy film The Brothers Grimm in 2005. Right,

00:12:48.940 --> 00:12:51.019
those didn't really land. No, they were critical

00:12:51.019 --> 00:12:54.299
and commercial disappointments. It kind of reinforces

00:12:54.299 --> 00:12:57.480
how important those big franchises or prestige

00:12:57.480 --> 00:13:00.460
ensemble pieces were for maintaining that bankability

00:13:00.460 --> 00:13:03.740
during that specific era. Okay, so after establishing

00:13:03.740 --> 00:13:06.360
himself as this massive star, the next major

00:13:06.360 --> 00:13:08.620
phase in Damon's career is really about taking

00:13:08.620 --> 00:13:11.399
back control. Moving from being the product to

00:13:11.399 --> 00:13:13.559
being the architect. Which seems like a direct

00:13:13.559 --> 00:13:15.240
line back to the struggles he and Affleck had

00:13:15.240 --> 00:13:17.539
getting Good Will Hunting made, right? Absolutely.

00:13:17.580 --> 00:13:20.039
You can see that thread. The desire to control

00:13:20.039 --> 00:13:23.580
the process, not just the performance. And it

00:13:23.580 --> 00:13:26.230
started pretty early. formerly, with their first

00:13:26.230 --> 00:13:28.409
production company, Live Planet, back in 2000.

00:13:28.750 --> 00:13:30.570
And their big thing was Project Greenlight. I

00:13:30.570 --> 00:13:32.429
remember that show. Yeah, the Emmy -nominated

00:13:32.429 --> 00:13:35.250
documentary series. It was on HBO, then Bravo.

00:13:35.669 --> 00:13:38.009
And it wasn't just reality TV. It was kind of

00:13:38.009 --> 00:13:40.529
a mission statement. How so? The whole point

00:13:40.529 --> 00:13:43.710
was to find undiscovered filmmakers, give them

00:13:43.710 --> 00:13:46.870
funding, document their first real shot at making

00:13:46.870 --> 00:13:49.450
a feature film, and actually help launch their

00:13:49.450 --> 00:13:52.990
careers. Damon was an executive producer, really

00:13:52.990 --> 00:13:55.529
hands -on, trying to guide these first -timers

00:13:55.529 --> 00:13:58.629
through the studio system. So nurturing new talent

00:13:58.629 --> 00:14:00.929
that might otherwise get ignored? Exactly. It

00:14:00.929 --> 00:14:03.070
was about changing the system from within, even

00:14:03.070 --> 00:14:05.470
back then. And that focus on changing the system

00:14:05.470 --> 00:14:07.789
continued with their next company, Pearl Street

00:14:07.789 --> 00:14:10.330
Films, which they started in 2010. Right. Pearl

00:14:10.330 --> 00:14:12.590
Street Films, based at Warner Brothers. And they

00:14:12.590 --> 00:14:15.110
made a really significant move in 2018 regarding

00:14:15.110 --> 00:14:17.789
industry practices. The inclusion writer. That's

00:14:17.789 --> 00:14:20.570
it. In March 2018, they announced Pearl Street

00:14:20.570 --> 00:14:22.909
would adopt the inclusion writer agreement for

00:14:22.909 --> 00:14:25.250
all their future productions. Remind us what

00:14:25.250 --> 00:14:27.129
that is exactly. Basically, it's a clause you

00:14:27.129 --> 00:14:29.409
can put in a contract that requires a certain

00:14:29.409 --> 00:14:32.409
level of diversity in casting and hiring, not

00:14:32.409 --> 00:14:34.830
just for actors, but trucially for the crew behind

00:14:34.830 --> 00:14:37.490
the camera, too. So using their power as producers

00:14:37.490 --> 00:14:40.990
to push for real structural change in who gets

00:14:40.990 --> 00:14:43.690
hired in Hollywood. Precisely. A very deliberate,

00:14:43.789 --> 00:14:46.830
proactive step. And now their newest venture,

00:14:47.210 --> 00:14:50.230
Artists' Equity, founded with Affleck in 2022,

00:14:50.750 --> 00:14:53.269
seems like the culmination of all this. It really

00:14:53.269 --> 00:14:56.049
does. Artists' Equity feels like the most direct

00:14:56.049 --> 00:14:59.429
attack on the old financial model. The core idea

00:14:59.429 --> 00:15:01.750
is giving creators the people actually making

00:15:01.750 --> 00:15:04.330
the film a bigger, fairer piece of the pie. How

00:15:04.330 --> 00:15:06.309
does that work? They use a more data -driven

00:15:06.309 --> 00:15:08.269
approach to figure out distribution and value.

00:15:08.429 --> 00:15:10.789
But the key thing is offering profit participation,

00:15:11.110 --> 00:15:14.509
not just to the big names, the stars, the director.

00:15:15.000 --> 00:15:17.460
what they call above -the -line talent, but also

00:15:17.460 --> 00:15:20.620
to the below -the -line talent, the crew, the

00:15:20.620 --> 00:15:23.139
camera operators, the editors, the costume designers,

00:15:23.399 --> 00:15:27.740
the people whose work is essential but who almost

00:15:27.740 --> 00:15:30.539
never share in the film's financial success under

00:15:30.539 --> 00:15:32.379
the traditional model. That sounds revolutionary,

00:15:32.480 --> 00:15:34.480
honestly, giving crew points on the back end.

00:15:34.559 --> 00:15:37.080
It's a huge shift. It feels like the goodwill

00:15:37.080 --> 00:15:39.580
-hunting ethos talent should be rewarded, applied

00:15:39.580 --> 00:15:41.820
across the entire production process. And their

00:15:41.820 --> 00:15:45.549
first film... under that banner was air about

00:15:45.549 --> 00:15:48.309
nike signing michael jordan yep air came out

00:15:48.309 --> 00:15:52.210
in 2023 affleck directed damon starred it did

00:15:52.210 --> 00:15:54.710
really well commercially got great reviews and

00:15:54.710 --> 00:15:56.809
damon even picked up another golden globe nomination

00:15:56.809 --> 00:15:59.870
for it so proof of concept maybe while he's building

00:15:59.870 --> 00:16:02.070
these companies he's still acting obviously and

00:16:02.070 --> 00:16:03.909
taking on some really interesting roles oh yeah

00:16:03.909 --> 00:16:06.889
his acting choices remain strong like in soderbergh's

00:16:06.889 --> 00:16:10.129
dark comedy the informant back in 2009 he gained

00:16:10.129 --> 00:16:12.090
weight for that one didn't he he did Played Mark

00:16:12.090 --> 00:16:14.649
Whitaker, got a Golden Globe nomination. And

00:16:14.649 --> 00:16:16.990
critics started talking about how he was quietly

00:16:16.990 --> 00:16:20.669
becoming this great everyman actor. Not just

00:16:20.669 --> 00:16:23.070
a star, but a character actor, too. And then

00:16:23.070 --> 00:16:26.929
Invictus, also in 2009, his first Oscar nomination

00:16:26.929 --> 00:16:29.490
for acting. Right. Best Supporting Actor for

00:16:29.490 --> 00:16:31.909
playing Francois Pienaar, the South African rugby

00:16:31.909 --> 00:16:34.269
captain opposite Morgan Freeman's Nelson Mandela.

00:16:34.409 --> 00:16:36.850
And again, the reviews highlighted that grounded

00:16:36.850 --> 00:16:39.529
quality, low -key charm and integrity, one said.

00:16:40.159 --> 00:16:42.279
Even playing these larger -than -life figures,

00:16:42.519 --> 00:16:45.159
he keeps them relatable. That reliability is

00:16:45.159 --> 00:16:47.860
his superpower. Which leads us to The Martian

00:16:47.860 --> 00:16:52.179
in 2015. Stranded on Mars. That felt like peak

00:16:52.179 --> 00:16:56.220
Damon in a way. Smart, resourceful, funny, carrying

00:16:56.220 --> 00:16:59.059
a huge movie, mostly by himself. Absolutely.

00:16:59.620 --> 00:17:01.960
Directed by Ridley Scott, who was a massive success,

00:17:02.259 --> 00:17:04.619
won him the Golden Globe for Best Actor in a

00:17:04.619 --> 00:17:07.910
Comedy Musical. Which is a bit odd category wise.

00:17:08.089 --> 00:17:10.170
Yeah. A comedy about potentially dying alone

00:17:10.170 --> 00:17:12.809
in space. Right. But it got him his second Oscar

00:17:12.809 --> 00:17:15.450
nomination for best actor. And it proved he could

00:17:15.450 --> 00:17:17.750
anchor a giant blockbuster outside of the Bourne

00:17:17.750 --> 00:17:19.950
world. He also went back to writing co -writing

00:17:19.950 --> 00:17:23.049
Promised Land in 2012 and The Last Duel in 2021.

00:17:23.430 --> 00:17:25.769
Yeah. Back to his roots with Affleck on The Last

00:17:25.769 --> 00:17:28.690
Duel. Now that film really highlights the tension

00:17:28.690 --> 00:17:31.769
we've been talking about. Well, The Last Duel,

00:17:31.849 --> 00:17:35.589
medieval France, complex themes. It got good

00:17:35.589 --> 00:17:40.130
reviews, generally. But financially, it bombed.

00:17:40.829 --> 00:17:43.910
Really? With Damon, Adam Driver, J .D. Comer,

00:17:44.009 --> 00:17:46.609
Ridley Scott directing? Exactly. If that lineup

00:17:46.609 --> 00:17:49.289
can't make an original challenging period drama

00:17:49.289 --> 00:17:53.250
work at the box office, what does that say about

00:17:53.250 --> 00:17:55.670
the market for those kinds of films now? It raises

00:17:55.670 --> 00:17:57.690
big questions. It shows his commitment, though,

00:17:57.710 --> 00:17:59.269
right? He's still willing to take those creative

00:17:59.269 --> 00:18:01.369
risks, even if they don't have the guaranteed

00:18:01.369 --> 00:18:03.789
payoff of another franchise entry. Precisely.

00:18:04.089 --> 00:18:05.869
The creative control, the quality of the project

00:18:05.869 --> 00:18:08.029
seems to trump the guaranteed commercial hits

00:18:08.029 --> 00:18:09.890
sometimes. And we have to mention his collaborations

00:18:09.890 --> 00:18:12.369
with Christopher Nolan. Oh, definitely. He had

00:18:12.369 --> 00:18:15.049
that small but memorable role in Interstellar

00:18:15.049 --> 00:18:18.390
back in 2014. Dr. Man, not the nicest guy. No,

00:18:18.430 --> 00:18:20.289
definitely not. And then more recently playing

00:18:20.289 --> 00:18:22.829
Leslie Groves in Oppenheimer. Right, the military

00:18:22.829 --> 00:18:24.990
head of the Manhattan Project. And Oppenheimer,

00:18:25.009 --> 00:18:27.470
interestingly, became Dema's highest grossing

00:18:27.470 --> 00:18:30.119
film ever. Bigger than born, bigger than oceans.

00:18:30.359 --> 00:18:32.559
Wow, that's saying something. And they're working

00:18:32.559 --> 00:18:35.799
together again. Supposedly, yes. He's set to

00:18:35.799 --> 00:18:38.400
play Odysseus in Nolan's upcoming adaptation

00:18:38.400 --> 00:18:41.480
of The Odyssey. That should be fascinating. And

00:18:41.480 --> 00:18:43.640
just quickly, he's done some great TV work, too,

00:18:43.700 --> 00:18:46.039
showing that versatility. Yeah, Emmy -nominated

00:18:46.039 --> 00:18:48.500
guest spots. He was hilarious as Liz Lemon's

00:18:48.500 --> 00:18:51.380
pilot boyfriend on 30 Rock. Oh, yeah, Carol Burnett.

00:18:51.539 --> 00:18:54.119
And his portrayal of Scott Thorson, Liberace's

00:18:54.119 --> 00:18:56.859
lover, in HBO's Behind the Candelabra was incredible.

00:18:57.380 --> 00:18:59.160
Earned him an Emmy nomination for that, too.

00:18:59.420 --> 00:19:01.480
It just shows he'll go wherever the good writing

00:19:01.480 --> 00:19:04.619
is, regardless of the platform. Hashtag tag,

00:19:04.700 --> 00:19:07.759
tag, tag, freebie. Activism, advocacy, and public

00:19:07.759 --> 00:19:10.150
scrutiny. OK, so beyond the acting and producing,

00:19:10.430 --> 00:19:12.789
Damon has put a significant amount of his energy

00:19:12.789 --> 00:19:15.869
and fame into activism, particularly around a

00:19:15.869 --> 00:19:18.670
couple of key global issues. Yeah, his work on

00:19:18.670 --> 00:19:20.950
global water access is really substantial. It

00:19:20.950 --> 00:19:23.509
goes back quite a way. He founded the H2O Africa

00:19:23.509 --> 00:19:26.849
Foundation and then in 2009 that merged with

00:19:26.849 --> 00:19:29.650
another organization, Water Partners, to become

00:19:29.650 --> 00:19:32.569
Water .org. And their approach isn't just charity,

00:19:32.650 --> 00:19:34.910
right? It's more systemic. Exactly. It's not

00:19:34.910 --> 00:19:36.809
just about digging wells, though that's part

00:19:36.809 --> 00:19:40.079
of it. The core mission is using microfinance

00:19:40.079 --> 00:19:42.619
to help people in developing countries get access

00:19:42.619 --> 00:19:46.640
to safe, clean, affordable drinking water and

00:19:46.640 --> 00:19:49.319
sanitation. Microfinance for water. How does

00:19:49.319 --> 00:19:51.619
that work? They pioneered this model called Water

00:19:51.619 --> 00:19:54.599
Credit. Essentially, they help provide small

00:19:54.599 --> 00:19:57.539
loans, microloans to families so they can afford

00:19:57.539 --> 00:20:01.059
to install taps or toilets in their homes, things

00:20:01.059 --> 00:20:04.180
that provide a lasting solution. The idea is

00:20:04.180 --> 00:20:06.660
to make it sustainable. And has it been successful?

00:20:07.079 --> 00:20:09.160
Seems to be scaling up. Our sources mentioned

00:20:09.160 --> 00:20:11.839
Water .org got a big, like, $8 million grant

00:20:11.839 --> 00:20:14.480
from the PepsiCo Foundation specifically to expand

00:20:14.480 --> 00:20:16.539
that water credit program in India. So the model

00:20:16.539 --> 00:20:18.579
seems to be working. And Damon uses his celebrity

00:20:18.579 --> 00:20:20.859
to promote this heavily. Oh, yeah. He's front

00:20:20.859 --> 00:20:22.759
and center. He's done partnerships with big brands,

00:20:22.940 --> 00:20:26.380
Aquafina, Ethos Water, Stella Artois Beer. Remember

00:20:26.380 --> 00:20:29.039
that Super Bowl commercial he did for Stella

00:20:29.039 --> 00:20:32.059
Artois on Water .org in 2018? Vaguely, yeah,

00:20:32.059 --> 00:20:35.819
using that massive platform. Exactly. Leveraging

00:20:35.819 --> 00:20:38.349
his fame. directly for philanthropic funding.

00:20:38.609 --> 00:20:40.930
He's also involved in other things he co -founded,

00:20:41.049 --> 00:20:44.210
not on our watch with George Clooney, Brad Pitt,

00:20:44.349 --> 00:20:46.829
Don Cheadle. What does that one focus on? Preventing

00:20:46.829 --> 00:20:49.390
mass atrocities, bringing global attention and

00:20:49.390 --> 00:20:51.750
resources to crises, like the one in Darfur,

00:20:51.829 --> 00:20:54.470
for example. Plus, he's a spokesperson for Feeding

00:20:54.470 --> 00:20:57.309
America, the hunger relief organization, and

00:20:57.309 --> 00:21:00.990
an ambassador for Onexone, which helps kids globally.

00:21:01.230 --> 00:21:04.440
So a serious long -term commitment. to these

00:21:04.440 --> 00:21:07.140
causes. Definitely. But like many public figures

00:21:07.140 --> 00:21:09.880
who engage in advocacy, his efforts haven't been

00:21:09.880 --> 00:21:12.039
without controversy or intense public scrutiny.

00:21:12.259 --> 00:21:14.680
It highlights that tension between using your

00:21:14.680 --> 00:21:16.980
platform and navigating tricky public perception.

00:21:18.200 --> 00:21:20.019
Let's talk about the Crypto .com ad. That got

00:21:20.019 --> 00:21:21.940
a lot of attention, mostly negative. It really

00:21:21.940 --> 00:21:25.319
did. This was late 2021. Damon announced a partnership

00:21:25.319 --> 00:21:27.599
with Crypto .com, this cryptocurrency trading

00:21:27.599 --> 00:21:30.099
platform. Part of the deal involved a million

00:21:30.099 --> 00:21:33.319
-dollar donation from them to Water .org. Okay,

00:21:33.359 --> 00:21:36.039
so a direct benefit to his charity. And didn't

00:21:36.039 --> 00:21:38.559
he say his fee went to Water .org too? Yeah,

00:21:38.579 --> 00:21:40.660
he was clear that 100 % of his fee for doing

00:21:40.660 --> 00:21:42.339
the commercials went straight to the foundation.

00:21:42.660 --> 00:21:45.299
But the ad itself, Fortune Favors the Brave,

00:21:45.599 --> 00:21:48.680
it didn't land well. Not at all. It came out

00:21:48.680 --> 00:21:53.240
in early 2022. The ad basically compared investing

00:21:53.240 --> 00:21:56.799
in cryptocurrency to these grand historical acts

00:21:56.799 --> 00:21:59.619
of bravery, explorers, astronauts, etc. Which

00:21:59.619 --> 00:22:03.059
sounds a bit much. That was the reaction. The

00:22:03.059 --> 00:22:05.599
backlash online was huge. People called it insulting,

00:22:05.920 --> 00:22:08.920
cringy, disgusting. The criticism was that here's

00:22:08.920 --> 00:22:11.079
this incredibly wealthy celebrity encouraging

00:22:11.079 --> 00:22:13.480
average people to gamble on this highly volatile,

00:22:13.640 --> 00:22:16.559
largely unregulated market. Some even compared

00:22:16.559 --> 00:22:19.079
it to promoting a Ponzi scheme. So the charitable

00:22:19.079 --> 00:22:21.559
angle got completely overshadowed by the criticism

00:22:21.559 --> 00:22:24.000
of the core message. Pretty much. It became a

00:22:24.000 --> 00:22:26.099
case study in the potential pitfalls of celebrity

00:22:26.099 --> 00:22:28.740
endorsements, especially in new risk financial

00:22:28.740 --> 00:22:32.079
areas. That tension between raising money for

00:22:32.079 --> 00:22:34.579
a good cause and potentially harming your audience's

00:22:34.579 --> 00:22:37.220
financial well -being, it's a tough line. There

00:22:37.220 --> 00:22:39.259
was also scrutiny around comments he made during

00:22:39.259 --> 00:22:42.000
the height of the Me Too movement. Yes, in late

00:22:42.000 --> 00:22:46.599
2017. There were two main incidents. First, related

00:22:46.599 --> 00:22:49.569
to Harvey Weinstein. An old story resurfaced

00:22:49.569 --> 00:22:52.029
suggesting Damon had tried to kill a negative

00:22:52.029 --> 00:22:54.930
article about Weinstein back in 2004. What was

00:22:54.930 --> 00:22:58.230
his response? He strongly denied it. He clarified

00:22:58.230 --> 00:23:00.670
that he did call the reporter back then, but

00:23:00.670 --> 00:23:02.569
only to vouch for the professional reputation

00:23:02.569 --> 00:23:05.869
of an executive who ran Miramax's Italy office,

00:23:06.029 --> 00:23:08.190
who he felt was being unfairly characterized.

00:23:08.920 --> 00:23:11.480
He wasn't calling about Weinstein himself. And

00:23:11.480 --> 00:23:13.599
the reporter involved later confirmed Damon's

00:23:13.599 --> 00:23:15.900
account of that specific call. OK, so that was

00:23:15.900 --> 00:23:18.019
clarified. But there was another comment that

00:23:18.019 --> 00:23:20.420
caused more widespread backlash. Right. Around

00:23:20.420 --> 00:23:23.519
the same time, December 2017, he gave an interview

00:23:23.519 --> 00:23:25.640
where he talked about sexual misconduct needing

00:23:25.640 --> 00:23:27.740
to be viewed on a spectrum of behavior. Meaning

00:23:27.740 --> 00:23:30.059
what exactly? His point seemed to be that there's

00:23:30.059 --> 00:23:32.160
a difference between, say, telling an inappropriate

00:23:32.160 --> 00:23:34.980
joke or patting someone on the back and acts

00:23:34.980 --> 00:23:37.059
like rape or child molestation, and that the

00:23:37.059 --> 00:23:38.869
response should perhaps be. different depending

00:23:38.869 --> 00:23:41.069
on the severity. And that didn't go over well.

00:23:41.190 --> 00:23:44.710
Not at all. It sparked immediate criticism. People

00:23:44.710 --> 00:23:47.490
felt it was incredibly tone deaf, that it minimized

00:23:47.490 --> 00:23:50.349
the harm caused by all forms of misconduct, and

00:23:50.349 --> 00:23:52.809
that creating a spectrum could be used to excuse

00:23:52.809 --> 00:23:56.150
or downplay abuse. It was seen as missing the

00:23:56.150 --> 00:23:58.950
larger point about power dynamics and systemic

00:23:58.950 --> 00:24:02.250
issues. How did he react to the backlash? He

00:24:02.250 --> 00:24:04.450
addressed it publicly a month or so later in

00:24:04.450 --> 00:24:08.420
January 2018. He essentially apologized, acknowledged

00:24:08.420 --> 00:24:10.339
he hadn't understood the perspective of people

00:24:10.339 --> 00:24:12.720
who felt marginalized, and said he realized he

00:24:12.720 --> 00:24:14.259
should probably get in the backseat and close

00:24:14.259 --> 00:24:17.059
my mouth for a while. So a public learning moment,

00:24:17.200 --> 00:24:19.480
it sounds like. It seemed that way. A recognition

00:24:19.480 --> 00:24:21.759
that his perspective as a powerful man in the

00:24:21.759 --> 00:24:24.420
industry perhaps wasn't the most helpful one

00:24:24.420 --> 00:24:26.200
at that moment. And there was one more recent

00:24:26.200 --> 00:24:29.539
controversy about language. Yes, in 2021. He

00:24:29.539 --> 00:24:31.240
mentioned in an interview that he had recently

00:24:31.240 --> 00:24:34.160
stopped using the homophobic slur fag after his

00:24:34.160 --> 00:24:36.339
daughter called him out on it. He claimed it

00:24:36.339 --> 00:24:38.240
was a word commonly used when he was younger,

00:24:38.400 --> 00:24:41.339
supposedly with a different application, not

00:24:41.339 --> 00:24:44.819
necessarily as a slur against gay people. He

00:24:44.819 --> 00:24:47.059
said his daughter wrote him this very long, beautiful

00:24:47.059 --> 00:24:49.660
treatise explaining why the word is dangerous

00:24:49.660 --> 00:24:53.099
and hurtful, regardless of intent. He was careful

00:24:53.099 --> 00:24:55.339
to say he'd never use the more extreme version,

00:24:55.599 --> 00:24:58.279
faggot. So, again, learning from a different

00:24:58.279 --> 00:25:01.039
perspective, in this case, his daughter's. Exactly.

00:25:01.039 --> 00:25:03.839
It highlighted a generational shift in understanding

00:25:03.839 --> 00:25:06.519
the impact of language. He publicly credited

00:25:06.519 --> 00:25:09.140
her for educating him. Shifting to more standard

00:25:09.140 --> 00:25:11.740
politics, the sources say he's a Democrat supporter.

00:25:12.039 --> 00:25:14.440
Generally, yes. Longtime supporter of the Democratic

00:25:14.440 --> 00:25:17.579
Party. He hosted a fundraiser for Elizabeth Warren

00:25:17.579 --> 00:25:20.599
back in 2012. He's also been very outspoken about

00:25:20.599 --> 00:25:22.640
wanting stricter gun control laws, saying things

00:25:22.640 --> 00:25:25.299
like, I actually hate guns. They freak me out.

00:25:25.400 --> 00:25:27.539
And it hasn't always towed the party line. No.

00:25:28.140 --> 00:25:30.380
He actually expressed some public disappointment

00:25:30.380 --> 00:25:33.339
with President Obama's policies while Obama was

00:25:33.339 --> 00:25:36.079
in office, felt maybe there wasn't enough substantive

00:25:36.079 --> 00:25:38.920
change happening. So he's willing to criticize

00:25:38.920 --> 00:25:42.519
even within his own party affiliation. Hashtag

00:25:42.519 --> 00:25:45.259
tag tag tag V personal life and cultural footprint.

00:25:45.420 --> 00:25:48.259
All right. Let's shift gears a bit from the heavy

00:25:48.259 --> 00:25:50.799
stuff, the production deals, the controversies

00:25:50.799 --> 00:25:52.920
and look at the personal side and maybe the lighter

00:25:52.920 --> 00:25:55.740
aspects of his public image. Sure. Behind all

00:25:55.740 --> 00:25:58.039
the career moves, there seems to be a pretty

00:25:58.039 --> 00:26:01.099
stable personal foundation. He married Luciana

00:26:01.099 --> 00:26:03.740
Bazzambroso back in 2005. How did they meet?

00:26:03.759 --> 00:26:06.099
Wasn't it kind of random? Yeah, pretty famously

00:26:06.099 --> 00:26:09.359
random. He met her in Miami in 2003 while he

00:26:09.359 --> 00:26:11.240
was filming the Farrelly Brothers movie Stuck

00:26:11.240 --> 00:26:13.400
on You. She was working as a bartender, apparently.

00:26:13.559 --> 00:26:15.319
That's a great story. And they have kids. They

00:26:15.319 --> 00:26:17.640
have three daughters together. And Luciana had

00:26:17.640 --> 00:26:19.940
a daughter from a previous relationship who Damon

00:26:19.940 --> 00:26:23.240
considers his own. People often point to that

00:26:23.240 --> 00:26:25.920
stable family life as maybe enabling him to take

00:26:25.920 --> 00:26:27.619
some of those bigger professional risks. Where

00:26:27.619 --> 00:26:29.660
do they live? He seems like a bi -coastal guy.

00:26:29.920 --> 00:26:32.079
He's definitely lived in different places. Miami

00:26:32.079 --> 00:26:34.759
for a while, New York City, Los Angeles, Pacific

00:26:34.759 --> 00:26:38.319
Palisades area. But then in 2018, he bought this

00:26:38.319 --> 00:26:41.259
massive, record -breaking penthouse apartment

00:26:41.259 --> 00:26:43.640
in Brooklyn Heights, New York. Brooklyn Heights.

00:26:43.900 --> 00:26:46.720
For how much? I think it was around $16 .5 million.

00:26:47.339 --> 00:26:49.680
Set a record for Brooklyn real estate at the

00:26:49.680 --> 00:26:53.099
time. So strong ties to New York as well as L

00:26:53.099 --> 00:26:55.210
.A. And being a Boston guy, you have to mention

00:26:55.210 --> 00:26:57.329
the Sports Connection. Oh, absolutely. Diehard

00:26:57.329 --> 00:27:00.349
Boston Red Sox fan. Threw thick and thin. He

00:27:00.349 --> 00:27:02.809
even narrated the official World Series DVD when

00:27:02.809 --> 00:27:05.710
they won back in 2007. Nice. And didn't he play

00:27:05.710 --> 00:27:08.369
poker, too? Like, seriously. Echoes of Rounders?

00:27:08.589 --> 00:27:11.269
He did. His character, Mike McDermott, in Rounders

00:27:11.269 --> 00:27:13.390
wasn't totally fictional in that sense. He actually

00:27:13.390 --> 00:27:15.430
competed in the World Series of Poker a few times

00:27:15.430 --> 00:27:17.829
back in the day. Did he do okay? Well, he famously

00:27:17.829 --> 00:27:21.309
got knocked out of the 1998 WSOP main event by

00:27:21.309 --> 00:27:24.589
the legendary Doyle. brunson so maybe stick to

00:27:24.589 --> 00:27:26.990
acting for the big money oh okay but maybe the

00:27:26.990 --> 00:27:29.950
most fun enduring part of his public persona

00:27:29.950 --> 00:27:33.170
is the whole thing with jimmy kimmel oh the feud

00:27:33.170 --> 00:27:36.630
it's brilliant just this long running gag that's

00:27:36.630 --> 00:27:39.029
been going on for what almost 20 years now it

00:27:39.029 --> 00:27:41.490
started super simple right Kimmel just saying

00:27:41.490 --> 00:27:43.309
he ran out of time for Matt Damon at the end

00:27:43.309 --> 00:27:46.589
of the show. Exactly. Back in 2006 on Jimmy Kimmel

00:27:46.589 --> 00:27:49.130
Live. Just a throwaway joke that Kimmel apparently

00:27:49.130 --> 00:27:51.990
did on a whim because the show was running long

00:27:51.990 --> 00:27:54.710
one night. And it just escalated beautifully

00:27:54.710 --> 00:27:57.470
from there. Into this elaborate, ongoing performance

00:27:57.470 --> 00:27:59.829
art piece. Remember Sarah Silverman's video?

00:28:00.279 --> 00:28:02.519
I'm fucking Matt Damon. She was dating Kimmel

00:28:02.519 --> 00:28:04.599
at the time. Oh, my God. Yes, that was hilarious.

00:28:04.799 --> 00:28:07.960
And Damon was in it. He was. And then Kimmel's

00:28:07.960 --> 00:28:11.220
perfect response video. I'm fucking Ben Affleck

00:28:11.220 --> 00:28:13.819
with Affleck and like half of Hollywood making

00:28:13.819 --> 00:28:15.839
cameos. It brought it right back to the original

00:28:15.839 --> 00:28:19.180
Affleck partnership. Genius. And then there was

00:28:19.180 --> 00:28:22.000
the time Damon actually took over. Kimmel's show

00:28:22.000 --> 00:28:24.940
in 2013, tied him up and finally demanded his

00:28:24.940 --> 00:28:27.259
interview slot. The commitment to the bit is

00:28:27.259 --> 00:28:29.859
incredible from both of them. It really is. Yeah.

00:28:29.920 --> 00:28:32.119
And the fact that Damon, this huge movie star,

00:28:32.240 --> 00:28:34.900
is so willing to participate in that kind of

00:28:34.900 --> 00:28:38.299
self -mockery, it just reinforces that accessible

00:28:38.299 --> 00:28:42.059
everyman quality people love about him. It makes

00:28:42.059 --> 00:28:44.160
him seem grounded, even when he's playing, you

00:28:44.160 --> 00:28:46.430
know, a super spy or an astronaut. Definitely

00:28:46.430 --> 00:28:48.910
adds to his likability. And he's received official

00:28:48.910 --> 00:28:51.410
honors, too, beyond the film awards. Yeah, he

00:28:51.410 --> 00:28:53.250
got his star on the Hollywood Walk of Fame in

00:28:53.250 --> 00:28:57.750
2007. And maybe more significantly, given his

00:28:57.750 --> 00:29:00.809
origins, he received the Harvard Arts Medal in

00:29:00.809 --> 00:29:03.529
2013. Bringing it full circle back to Cambridge

00:29:03.529 --> 00:29:06.049
and Harvard. Exactly. Acknowledging that journey

00:29:06.049 --> 00:29:09.150
from dropout to, well, global figure and influential

00:29:09.150 --> 00:29:12.329
producer. Hashtag, tag, tag, outro. So when we

00:29:12.329 --> 00:29:14.450
try to pull all these threads together. What's

00:29:14.450 --> 00:29:16.569
the big picture on Matt Damon? What does the

00:29:16.569 --> 00:29:18.849
dossier tell us? Well, I think you see this fascinating

00:29:18.849 --> 00:29:20.910
fiasco who operates on two levels simultaneously.

00:29:21.089 --> 00:29:23.069
On one hand, he's got that incredible commercial

00:29:23.069 --> 00:29:26.250
reliability, the guy who delivers that $29 return

00:29:26.250 --> 00:29:28.369
for every dollar the studio spends, the born

00:29:28.369 --> 00:29:30.849
guy, the oceans guy. The bankable star. Right.

00:29:31.130 --> 00:29:33.549
But at the same time, he seems fundamentally

00:29:33.549 --> 00:29:37.000
driven to resist. Just being that commodity,

00:29:37.319 --> 00:29:39.839
he's constantly pushing for more creative control,

00:29:40.079 --> 00:29:42.839
taking risks, investing personally in changing

00:29:42.839 --> 00:29:44.839
the system. It's a real balancing act. You've

00:29:44.839 --> 00:29:47.599
got the large scale, serious philanthropy with

00:29:47.599 --> 00:29:51.039
Water .org focusing on these innovative microfinance

00:29:51.039 --> 00:29:54.119
solutions. Sustainable change. And then you have

00:29:54.119 --> 00:29:56.460
these moments where his public statements, whether

00:29:56.460 --> 00:29:59.019
it's about crypto or social issues, draw intense

00:29:59.019 --> 00:30:01.400
criticism and require, you know, some public

00:30:01.400 --> 00:30:03.539
recalibration. Yeah, the high profile advocacy

00:30:03.539 --> 00:30:06.160
comes with high profile. scrutiny. It's part

00:30:06.160 --> 00:30:08.140
of the territory when you operate at that level.

00:30:08.240 --> 00:30:10.299
But underlying it all seems to be this consistent

00:30:10.299 --> 00:30:12.859
theme, the fight for control. It started with

00:30:12.859 --> 00:30:15.279
him and Affleck writing Good Will Hunting because

00:30:15.279 --> 00:30:17.180
the system wasn't giving them the roles they

00:30:17.180 --> 00:30:19.160
wanted. Right. Bypassing the gatekeeper. And

00:30:19.160 --> 00:30:22.900
now, decades later, his newest company, Artists'

00:30:22.900 --> 00:30:26.539
Equity, is explicitly designed to give more power

00:30:26.539 --> 00:30:28.819
and financial reward back to the creators, even

00:30:28.819 --> 00:30:31.039
the below the line crew. It really brings it

00:30:31.039 --> 00:30:33.619
full circle, which leads to, I think, the final

00:30:33.619 --> 00:30:35.819
provocation for you, the listener, to think about.

00:30:35.940 --> 00:30:38.200
What's that? When we look back on Matt Damon's

00:30:38.200 --> 00:30:41.539
entire career, decades from now, what will ultimately

00:30:41.539 --> 00:30:44.380
define his legacy? Which side of the camera wins

00:30:44.380 --> 00:30:47.160
out? Is it the actor? The massive, reliable,

00:30:47.500 --> 00:30:50.539
Oscar -nominated star of films like The Martian,

00:30:50.559 --> 00:30:53.819
Oppenheimer, The Bourne series? That guy? Or

00:30:53.819 --> 00:30:56.420
is it the producer and writer? The guy who started

00:30:56.420 --> 00:30:58.420
with Good Will Hunting? who launched Project

00:30:58.420 --> 00:31:00.579
Greenlight, who's now trying to fundamentally

00:31:00.579 --> 00:31:03.579
reshape how Hollywood compensates talent with

00:31:03.579 --> 00:31:06.279
artists' equity. The actor versus the architect.

00:31:06.559 --> 00:31:09.380
Exactly. Where does the balance tip? It's a career

00:31:09.380 --> 00:31:11.960
built on this idea that real success isn't just

00:31:11.960 --> 00:31:14.559
starring in the story. It's maybe about owning

00:31:14.559 --> 00:31:16.500
the script itself. A lot to think about there.

00:31:16.619 --> 00:31:19.380
We have been deep inside the demon dossier. Thanks

00:31:19.380 --> 00:31:20.720
for joining us on The Deep Dive.
