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Tuesday, February 20, 2024

Netflix adds $50 million to relief fund for production workers

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Netflix Inc (NFLX.O) has actually enhanced the amount of money in its coronavirus emergency relief fund by $50 million, bringing the total amount for displaced production workers to $150 million, a business spokesperson said on Friday.

Movie as well as TELEVISION production has actually been closed down all over the world as people shelter in the house to aid reduce the spread of the novel coronavirus. The abrupt closures placed numerous thousands of actors and also team members unemployed.

In March, Netflix revealed it had established a $100 million fund to help the hardest-hit employees on its own manufacturings and also others in locations where Netflix has a big production base. · Some of the cash is being allocated via nonprofit teams that are assisting the sector via the coronavirus crisis.

The business thus far has given assistance in the USA, Canada, Britain, Italy, India, France, Mexico, Spain, Brazil as well as the Netherlands.

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