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Netflix sets up $100 million fund to help entertainment workers affected by coronavirus

March 20, 2020 / USA TODAY
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Netflix is coming to the aid of many in the entertainment industry who've been hit hard during the coronavirus pandemic. The streaming giant announced Friday that it is creating a $100 million fund to help cast and crew members such as hairstylists, electricians and others who are paid hourly wages and have found themselves without work. "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 content officer, wrote in a statement. "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."