Streaming television giant Netflix launched a $100 million fund to help actors and production crews endure the hit to paychecks caused by the coronavirus outbreak. The fund is meant to help offset hardship in the “creative community,” with most of the money going to financially troubled workers on Netflix productions around the world, according to Netflix chief content officer Ted Sarandos.
Netflix is in the process of figuring out details of how money from the fund will be distributed. The Silicon Valley-based company had already committed to keeping casts and crews of suspended productions on the payroll for an additional two weeks.
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