Image

1:50 AM / Sunday June 7, 2020

27 Mar 2020

Netflix establishes $100 million virus relief fund

  • Facebook
  • Twitter
March 27, 2020 Category: Entertainment Posted by:

By Lynn Elber

ASSOCIATED PRESS

LOS ANGELES — Netflix said last week it is establishing a $100 million relief fund for workers in the worldwide creative community affected by the coronavirus-caused halt of most film and television production.

“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,” Ted Sarandos, Netflix’s chief creative officer, said in a statement.

The majority of the fund will support hard-hit crews on Netflix’s own productions around the world, Sarandos said, and will supplement the two weeks of pay the company already agreed to pay the cast and crew on suspended productions.

Electricians, carpenters and drivers, who largely are paid hourly wages and work on a project-to-project basis, are among the hundreds of thousands in the entertainment industry without jobs, he said.

More than 120,000 jobs have been lost by members of IATSE, the International Alliance of Theatrical Stage Employees that represents cinematographers, editors, production designers and others, according to The Hollywood Reporter. The publication cited correspondence to members from the International Cinematographers Guild and Motion Picture Editors Guild.

In an effort to support the broader film and television industry, $15 million of the Netflix fund will be distributed to “third parties and nonprofits providing emergency relief to out-of-work crew and cast in the countries where we have a large production base,” according to Sarandos’ statement.

Impact on the Economy:

– Congress toils on $1 trillion rescue, Trump unleashes fury

 – $10 toilet paper? Coronavirus gouging complaints surge in US

– As virus grips nation, advocates move to halt evictions

In the U.S. and Canada, Netflix said it will donate $1 million each to the SAG-AFTRA Covid-19 Disaster Fund, the Motion Picture and Television Fund and the Actors Fund Emergency Assistance in the United States, and $1 million between the Fondation des Artistes and the AFC, formerly known as the Actors’ Fund of Canada.

Courtney B. Vance

Elsewhere, including Europe, Latin America and Asia, Netflix is coordinating with industry organizations to create similar relief efforts, Sarandos said, with announcements planned next week on funding those efforts.

“What’s happening is unprecedented,” he said. “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.”

Efforts to contain the spread of the coronavirus have left the entertainment industry reeling, with the suspension of most productions, closures of movie theaters and Broadway plays and concert postponements. With many people housebound by choice or government restrictions, streaming services such as Netflix, Hulu and Amazon have been a bright spot for the industry as well as consumers.

Image

In an effort to keep its pipeline from shutting entirely, Netflix squeezed the last days of production out of its drama series “The Crown,” which was concluding its season-four taping this week in London.

The vast majority of people recover from the new virus. According to the World Health Organization, people with mild illness recover in about two weeks, while those with more severe illness may take three to six weeks to recover.

When the performers union SAG-AFTRA announced earlier this week that its foundation was creating the virus fund, actor and guild president Courtney B. Vance said there had already been a “major spike” in applications and requests for help from its members.

“I am strongly asking leaders and members of the entertainment industry to donate to the foundation so that performers and their families will be given the critical support they need,” Vance said in a statement Monday. The fund will help members cover expenses including rent, mortgage, utilities and medical bills, the guild said.

  • Facebook
  • Twitter

Leave a Comment

Recent News

Health

Mass gatherings, erosion of trust upend coronavirus control

June 5, 2020

Tweet Share Pin Email ABOVE PHOTO: In this Saturday, May 30, 2020, file photo, shows protesters demonstrating...

Stateside

Prosecutors charge 3 more officers in George Floyd’s death

June 5, 2020

Tweet Share Pin Email ABOVE PHOTO: This combination of photos provided by the Hennepin County Sheriff’s Office...

Go With The-Flo

Floyd “Money” Mayweather Jr payed for the multiple funerals of murdered George Floyd

June 5, 2020

Tweet Share Pin Email ABOVE PHOTO: Floyd “Money” Mayweather ( Photo: RoidRanger/Shutterstock) By Florence Anthony Floyd “Money”...

Color Of Money

Top ways to reach your target market

June 5, 2020

Tweet Share Pin Email FAMILY FEATURES An amazing product, a phenomenal business model and a great team...

Seniors

Practical tips for caregivers facing a pandemic

June 5, 2020

Tweet Share Pin Email FAMILY FEATURES Whether your role as a caregiver has you looking out for...

Horoscopes

SUNscopes for the week of June 7

June 5, 2020

Tweet Share Pin Email All Signs: Every few decades, Saturn and Pluto align; but this year, they...

The Philadelphia Sunday Sun Staff