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2 June 2020


Netflix announces $100 million coronavirus fund

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"This community has supported Netflix through good times, and we want to help them through these hard times..."

Axar.az reports citing foreign media that Netflix has announced the creation of a $100 million coronavirus fund to help the creative community during the coronavirus pandemic.

Netflix says that "most" of the fund will go towards supporting the hardest-hit workers on its own productions worldwide. Netflix has already pledged two weeks' pay to cast and crew on all productions that it was forced to suspend last week. It has also said that $15 million of the fund will go to "third parties and non-profits providing emergency relief to out-of-work crew and cast" in countries where Netflix has a large presence.

Date
2020.03.21 / 19:13
Author
Axar.az
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