Netflix has been a gem for many people over the years. The streaming service provides us with the most entertaining movies and shows for a low monthly cost. Especially during a time like this, Netflix is keeping us company as we spend more time in the house. The billion dollar company is now doing their part to help the creative community during the coronavirus pandemic. Many people in the creative community have lost their jobs due to the issue of public safety but they are stepping in to support the community where they can.
According to Deadline, the streaming service announced that they funded $100 million on March 20, to assist workers in the entertainment industry. Chief Content Officer, Ted Sarandos, created a plan on how the funds will be distributed throughout the community. It is stated that $15 million was donated to third parties and non-profit organizations. These funds are designed to provide emergency relief to out-of-work people in the TV and film industries. The company recognizes that most entertainment industry workers have had their projects suspended or terminated, and a lot of families suffer due to the unfortunate circumstances.
“What’s happening is unprecedented,” Sarandos concluded. “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.” Netflix is also taking a hit from the pandemic as the production of their scripted shows and movies were put to a big halt.
We appreciate such a big company like Netflix reaching out to their community of creators, entertainers, and creatives. They remind us that no matter how big or small, we are all in this together.