Netflix Announces $100M Fund for Film Industry Workers

Netflix Announces $100M Fund for Film Industry Workers

Coronavirus pandemic has hit the routine day to day social life and also the employees of many fields. One of the highly affected fields is the film industry and television. With no films releasing and all the shootings halted, the workers in the film field are clueless on their next day to work. Digital legend Netflix is giving back to them in the best way they can.

Netflix announced a 100 million dollar fund to help the workers in the television and film industry due to the Coronavirus outbreak. Ted Sarandos, the Chief content officer announced about Netflix's fund.

Well, most of the funds will be helping the hardest-hit workers on Netflix's originals around the world. Netflix already promised to pay the workers two weeks' pay after the abrupt production suspensions last week.

Of the announced fund, 15 million will go to the third parties and non-profits providing emergency relief out-of-work crew in all the countries where Netflix established its large production bases. While the details are yet to be shared by the Netflix authorities, the company will be working with existing industry organizations in other regions like Europe, Latin America and Asia towards bringing on similar emergency relief efforts.

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