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Netflix Increases Virus Relief Fund by 50 Percent to $150 Million
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hollywoodreporter.comWith no end in sight to Hollywood's widespread work stoppage due to the novel coronavirus, Netflix has upped its relief fund for the now-unemployed production community.
The fund's amount has been increased by 50 percent to $150 million, a company spokesperson confirmed Friday morning. Netflix initially pledged $100 million to the out-of-work production community in mid-March after it paused its many productions across the globe.
Separately, Netflix CEO Reed Hastings and his wifePatty Quillin donated $30 million to Gavi, the Vaccine Alliance, a nonprofit organization started by the Bill and Melinda Gates Foundation that's working on life-saving immunization programs to fight COVID-19.
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