Netflix declares $100M relief fund after TV and movie production halted

Netflix declares $100M relief fund after TV and movie production halted thumbnail

By methodology of the entertainment industry, the COVID-19 outbreak isn’t factual affecting movie theaters – it’s additionally halted TV and movie production all the draw throughout the world. For Netflix, that’s incorporated production on excessive-profile titles like “The Witcher” and “Stranger Issues.”
So the streaming company factual announced that has created a $100 million fund that it says will enhance the forged and crew who like realized themselves out of work.
Within the announcement, Netflix Chief Creative Ted Sarandos talked about that there are now “a total lot of thousands of cast and crew without jobs,” including “electricians, carpenters and drivers, many of whom are paid hourly wages and work on a project-to-project basis.”
He talked about that most of this money will breeze to “the toughest hit workers on our non-public productions all the draw throughout the world” — despite the reality that it feels like the corporate is peaceable figuring out precisely what originate that enhance will purchase. (Sarandos renowned that Netflix is already offering two weeks pay to the productions suspended closing week.)
To boot, Sarandos talked about $15 million will breeze to “third events and non-profits offering emergency relief to out-of-work crew and cast in the countries the assign now we like an unlimited production tainted.”
Within the United States, that contains $1 million every to the SAG-AFTRA Covid-19 Worry Fund, the Motion Portray and Tv Fund and the Actors Fund Emergency Assistance. In Canada, that contains $1 million that shall be fracture up between the AFC and Fondation des Artistes. In diversified locations, Sarandos talked about Netflix is “working with existing industry organizations to present the same inventive community emergency relief efforts.”

 

Leave a Reply

%d bloggers like this: