Technology

Netflix creates $1 million fund to help Brazilian workers

The initiative it's part of a global $100 million fund announced in March

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Netflix announced this Thursday the creation of a $1 million aid fund (BRL 5 million) to help the creative community of freelancers in Brazil, such as personnel involved in production tasks, cinematography, sound, designers, makeup, scenography, and logistics. Many of them are paid hourly wages and are used to work on a project-to-project basis.

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According to Variety, the aid will be distributed by the Brazilian Institute of Audiovisual Content (ICAB), an arm of the leading industry organization Brazil Audiovisual Independent (BRAVI). The initiative will help up to 5,000 workers with one part of the local monthly minimum wage of $200.

In March, Netflix’s Chief Content Officer Ted Sarandos announced a $100 million fund to help its global creative community: $15 million of it would go to third parties and non-profits providing emergency relief to out-of-work crew and cast in the countries where Netflix has a large production base. The $1 million aid fund for Brazil is part of this global measure.