After nearly 120,000 crew members are set to lose their jobs due to the ongoing coronavirus pandemic, Netflix has announced a $100m relief fund “to help with hardship in the creative community”.
The fund is in addition to the two weeks pay to the casts and crews of in-house Netflix series, which were shut down last week.
“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,” said the company’s chief content officer, Ted Sarandos. “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.”
What’s happened to the television and film industry in such a short space of time is completely unprecedented , so it’s good to see Netflix use some of their cash-pile wisely in these times of crisis.