Netflix Creates $100 Million Relief Fund For Workers Impacted By Coronavirus
Netflix has just announced a $100 million relief fund for workers in the creative industry whose livelihoods have been impacted by the ongoing coronavirus pandemic.
With countless TV and film production projects having ground to a halt across the world, the streaming giant is working to help laid-off Netflix employees, as well as crew and cast members throughout the wider entertainment industry.
Among those experiencing hardship are professionals such as electricians, carpenters, drivers, and hair and makeup artists, with many having worked hourly wages on a project-to-project basis.
Netflix’s chief content officer, Ted Sarandos, said:
This community has supported Netflix through the good times, and we want to help them through these hard times, especially while governments are still figuring out what economic support they will provide.
So we’ve created a $100 million fund to help with hardship in the creative community. Most of the fund will go towards support for the hardest hit workers on our own productions around the world. 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.
Beyond helping workers on our own productions, we also want to support the broader film and television industry. So $15 million of the fund will go to third parties and non-profits providing emergency relief to out-of-work crew and cast in the countries where we have a large production base.
Noting how non-profits are already in place for such purposes in the US and Canada, Netflix are giving donations of $1 million each to the SAG-AFTRA Foundation Covid-19 Disaster Fund, the Motion Picture and Television Fund, and the Actors Fund Emergency Assistance in the US.
A sum of $1 million will also be divided between the AFC and Fondation des Artistes in Canada.
In addition, Netflix will be working in other areas where the platform has a significant production presence, including Europe, Latin America and Asia.
Working alongside existing industry organisations, Netflix will work to launch similar creative community emergency relief efforts and will reportedly be announcing donation details to groups in other countries next week.
What’s happening is unprecedented. We are only as strong as the people we work with and Netflix is fortunate to be able to help those hardest hit in our industry through this challenging time.
According to US entertainment industry union IATSE (International Alliance of Theatrical Stage Employees), the entertainment industry has been affected particularly badly by the pandemic, with activity having all but ceased completely.
It’s okay to not panic. LADbible and UNILAD’s aim with our coronavirus campaign, Cutting Through, is to provide our community with facts and stories from the people who are either qualified to comment or have experienced first-hand the situation we’re facing. For more information from the World Health Organization on coronavirus, click here.
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Netflix Media Center
The US entertainment industry union IATSE (International Alliance of Theatrical Stage Employees).