Netflix Launches $100 Million Creative Industry COVID-19 Relief Fund

Netflix Launches $100 Million Creative Industry COVID-19 Relief Fund

Netflix has announced the launch of a $100 million fund to assist individuals in the film and television industry who have been affected by the COVID-19 pandemic.

A majority of the funds will support workers on Netflix's productions around the world, including $15 million to assist third parties and nonprofits that are providing emergency relief to out-of-work crew and cast in the countries where Netflix has a large production base. In the United States and Canada, commitments include $1 million to the SAG-AFTRA Foundation Covid-19 Disaster Fund, $1 million to the Motion Picture and Television Fund, $1 million to the Actors Fund Emergency Assistance, and $1 million between the AFC and Fondation des Artistes.

In other regions where Netflix has a production presence, including Europe, Asia, and Latin America, the corporation is working with existing industry organizations to create similar relief efforts.

"What's happening is unprecedented," wrote Netflix chief content officer Ted Sarandos in a blog post. "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."