Netflix adds $50 million to relief fund for production workers

FILE PHOTO: Small toy figures are seen in entrance of displayed Netflix brand on this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration

LOS ANGELES (1) – Netflix Inc (NFLX.O) has elevated the amount of cash in its coronavirus emergency relief fund by $50 million, bringing the overall for displaced production workers to $150 million, an organization spokeswoman mentioned on Friday.

Movie and TV production has been shut down world wide as folks shelter at residence to assist sluggish the unfold of the novel coronavirus. The abrupt closures put a whole lot of 1000’s of forged and crew members out of labor.

In March, Netflix introduced it had established a $100 million fund to help the hardest-hit workers by itself productions and others in areas the place Netflix has a big production base. ·A number of the cash is being allotted by way of nonprofit teams which are serving to the trade by way of the coronavirus disaster.

The corporate up to now has supplied help in the US, Canada, Britain, Italy, India, France, Mexico, Spain, Brazil and the Netherlands.

Reporting by Lisa Richwine; Enhancing by Cynthia Osterman

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