Categories: International

Netflix establishes $100 mn fund for film and TV workers

The world’s largest streaming media service, Netflix Inc (NFLX.O) has announced the formation of $100 million fund. The fund has been created to help workers on film and television productions that have been impacted due to the global coronavirus outbreak. The fund will help cast and crew members such as electricians, carpenters, drivers and other hourly workers.

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Out of $100 million fund, company will contribute $15 million to third parties and non-profit organizations that were providing emergency relief suspended crew and cast members in countries where Netflix has a large production base.

Important takeaways for all competitive exams:

  • Chief Executive Officer of Netflix: Reed Hastings.

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Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

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