Netflix Just Created a $100 Million Coronavirus Relief Fund

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Netflix Just Created a $100 Million Coronavirus Relief Fund
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“The COVID-19 crisis is devastating for many industries, including the creative community,' said the platform's chief content officer Ted Sarandos.

“We’re in the process of working out exactly what this means, production by production,” said Sarandos. “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.”

$15 million of the fund will go to third parties and non-profits that offer emergency relief to out-of-work crew and cast in countries where there’s a large production base. In the U.S. and Canada, Netflix will donate $1 million each to non-profits the SAG-AFTRA Covid-19 Disaster Fund, the Motion Picture and Television Fund and the Actors Fund Emergency Assistance in the US, and $1 million between the AFC and Fondation des Artistes.

“What’s happening is unprecedented,” said Sarandos. “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.” The company also plans to work with existing industry organizations in other regions, including Europe, Latin America and Asia where many Netflix films and shows are filmed, to create similar creative community emergency relief efforts. Meanwhile, fashion and beauty brands like

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