Netflix allocates funds to the coronavirus

The disease that started in December 2019 in China altered the order of the world as it was known. Faster than slower, societies found themselves with the obligation or recommendation of having to stay at home, avoid social contact, work from home, and at the same time face school closings and massive job losses.
There are few industries that were not affected by the new scenario and audiovisual, the production of series and films was no exception. The popular video-under-demand company realized this and that is why Netflix created a financial aid fund specifically aimed at the sector that keeps it alive. The curious thing is that the drop and the impact that the audiovisual entertainment industry suffers from the advance of the covid-19 is registered at a time when the latest news on Netflix shows a strong rise in customers also generated by the situation of the coronavirus.

Encouraging numbers in the midst of chaos

To take care of the health of citizens, governments had to take measures that directly affected the economy of all productive sectors. It was a kind of sudden and unexpected handbrake that left millions unable to attend the jobs they produce. In turn, people had no choice but to stay at home. One of the preferred activities, and which has had a constant increase in consumers in recent years, is that of subscribing to video on demand platforms where Netflix is ​​number one.
Netflix news reflecting indicators of the number of new subscribers they've obtained since confinement mark that it doubled the expected numbers. The company predicted 7 million new customers in the first quarter of 2020 and obtained 15.8.
Throughout the world, the number of individuals that count as Netflix users is 182.9 million, which emerges as number one in the service it offers. But for Netflix news to reach homes and continue entertainment they need nothing more and nothing less than being created.

Aid to workers

At the end of March, through an official publication on the website, Ted Sarandos, Chief Content Officer of the streaming giant, reported an important news about Netflix and the coronavirus. The company decided to donate $100 million to all workers related to the world of audiovisual production. An environment in which to achieve the series and films that are consumed in the homes it involves many workers of different industries. Probably more than people imagine.
In the text released by Netflix some of the members of the creative community are mentioned so that dimension is given to the thousands who are unemployed due to the situation of the covid-19. The group that the statement identifies includes electricians, carpenters, drivers, make-up artists and hairdressers, there are undoubtedly many more such as sound designers, illuminators, screenwriters, actors and directors.
What Netflix gave as a relief fund was not only destined for the productions under its wing, but 15 of the 100 million went to external producers and organizations representing workers in the sector.
On April 17, the Variety site reported that Netflix financial aid was expanding to $150 million. Until now the amount has been distributed around different countries of the world, among which are Spain, Mexico, Colombia, India and France.
Ty Warren is one of Netflix's top executives and stated that the company is ready to resume production and with protocols to ensure the safety of staff. In turn, he recognized that the company is "super dependent" on these workers and that they seek as a company to act in the correct way.

Among so many novel situations that the world faces during 2020 is this news from the Netflix aid fund before a radiography of the audiovisual industry. A scenario where the company grows twice as expected but that depends on a large number of workers who today were left without jobs. In this context, the company makes the necessary decision to help those who owe all its success.