Deadline Hollywood reports:
Netflix is giving back to the creative community as the entertainment industry reels from the fallout of the coronavirus pandemic.
In a company blog post Friday, Ted Sarandos, Chief Content Officer, said the streamer has established a $100 million fund to help those workers hardest-hit in the television and film industry by the outbreak.
Most of the funds will go toward hardest-hit workers on Netflix’s own productions around the world, Sarandos said, the logistics of which are being worked out, production by production. The company had already committed to paying workers two weeks pay following the production suspensions last week.