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COVID-19: Netflix Sets Up $100 million Virus Relief Fund, Kim Kardashian Provides Aid

As you all know that the COVID-19 Outbreak is quite serious and it is taking a lot of lives. The reports are suggesting that the OTT streaming company Netflix has announced that it will create around $100 million relief fund for those people who are in the film community and are affected by this dangerous virus. Also, the sources are saying that cinema halls are currently shut down due to the virus and that’s the reason this problem is quite bigger, and people who work in the entertainment industry are affected.

  • Netflix said it will establish relief fund for workers affected by halt to production 
  • Hundreds of thousands of workers in entertainment industry are without jobs 
  • Coronavirus outbreak has forced shutdown of production worldwide 
  • Pandemic has also forced cancellation of concerts, closure of movie theaters

So far we have news that the various companies, people, and big cooperates are coming out together to fight this virus. Also, the sources are saying that Ted Sarandos, the chief creative officer at Netflix claimed that the fund will support crews working on Netflix originals around the world.  Also, the sources are saying that it will supplement the two weeks of pay Netflix had agreed in case productions got suspended. Also, the small workers who work behind the camera will take advantage of these services if needed.

Ted Sarandos, Netflix’s chief creative officer, 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.”

The reports are coming that all small workers like electricians, carpenters, drivers, and others who work on an hourly basis and work on a project-to-project basis could get the benefit of this service. These people are the ones who are in the entertainment industry without jobs so they might need help.

Also, the reports are coming that Netflix will distribute $15 million of the fund 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.” Also, the sources have shared, “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.”

Also, the sources are saying that Netflix is coordinating with industry organizations to establish relief efforts in Europe, Latin America, and Asia. You must know that Kim Kardashian’s brand is also expected to provide AID to people through an NGO.

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