Netflix announces $100 million coronavirus fund
“This community has supported Netflix through the good times, and we want to help them through these hard times…”
What you need to know
Netflix has announced it has set up a $100 million fund amidst the coronavirus outbreak.
The money will go towards “hardship in the creative community”.
Much of this money will go to workers on its own productions, but at least $15 million will go to third parties and non-profits.
Netflix has announced the creation of a $100 million coronavirus fund to help the creative community during the coronavirus pandemic.
In a press release Friday, March 20 it said:
The Covid-19 crisis is devastating for many industries, including the creative community. Almost all television and film production has now ceased globally – leaving hundreds of thousands of crew and cast without jobs. These include electricians, carpenters, drivers, hair and makeup artists and more, many of whom are paid hourly wages and work on a project-to-project basis.
This c…