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ViacomCBS Launches $100 Million COVID-19 Relief Fund

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By Jill Goldsmith ViacomCBS has set up a $100 million relief fund to help those impacted by COVID-19, according to a memo to staff Thursday from CEO Bob Bakish. Bakish’s full memo: Team, As you know, COVID-19 has had an unprecedented effect on our industry, and, our company has responded in a multitude of ways to deal with the crisis.

This includes pivoting largely to work from home, putting new employee assistance programs in place, changing our approach to live production, using our media and brands to support consumers and much more.

Today, I wanted to give you an update on some of the more recent developments. One particularly challenging area in this period has been production, as we’ve unfortunately had to pause most of our TV and

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