As the coronavirus pandemic continues to impact employment across the globe, Netflix is doing its part to support thousands of entertainment workers now out of a job.
On Friday, Chief Content Officer Ted Sarandos announced the streaming company would establish a $100 million relief fund to ease "hardship in the creative community." The initiative aims to assist not only laid-off Netflix employees, but crew and cast members across the industry — including those who are paid hourly wages and hired on a project-to-project basis.
"Most of the fund will go towards support for the hardest hit workers on our own productions around the world," Sarandos said in a company blog post . "We’re in the process of working out exactly what this means, production by production. This is in addition to the two weeks pay we’ve already committed to the crew and cast on productions we were forced to suspend last week." Read more... More about Netflix , Relief Efforts , Coronavirus , Entertainment , and Activism