Tag Archives: fund

Netflix expands relief fund to audiovisual industry workers to USD 150 million

Netflix announced it is expanding the industry workers relief fund it has announced in March, from USD 100 million to USD 150 million, as reported by the specialized website Variety.  Of the USD 100 million initially announced by Netflix, USD 85 million would go to workers from its own productions, which are cancelled by the [...]

Netflix grants USD 1 million in support of Brazilian audiovisual industry

After creating a USD 100 million fund to help audiovisual industry workers due to the Covid-19 (Coronavirus) pandemic, of which USD 1 million were granted to support the Mexican industry, Netflix now announced that it will award R$ 5 million (almost USD 1 million) to an emergency fund in support of the sector in Brazil. [...]

Netflix and AMACC create fund to support Mexican audiovisual industry

Netflix and the Mexican Academy of Motion Picture Arts and Sciences (AMACC) announced the creation of a MX $ 25 million (USD 1 million) fund called Covid-19 Support Fund for the Film and Audiovisual Industry, in order to help more than thousand workers in the sector,whose productions had to be cancelled due to the pandemic. [...]

Netflix creates USD 100 million fund to assist the industry due to Coronavirus

Netflix has created a USD 100 million relief fund to help members of the creative community who have been left unemployed and without a way to earn an income during the coronavirus crisis. The streaming giant said the bulk of the funds will go toward supporting laid-off crew members. The COVID-19 (Coronavirus) crisis is devastating [...]