Alamo Drafthouse Sets $2 Million Relief Fund for Furloughed Employees

By Dino-Ray Ramos

Apple Music has launched a $50 million advance royalty fund to ensure that artists will get paid and label operations can continue during the coronavirus pandemic, Rolling Stone reports. The streaming giant confirmed the news in a letter to labels (obtained by Rolling Stone). Eligible labels must have a direct Apple Music distribution deal and earn $10,000 minimum on a quarterly basis.

Two weeks after implementing layoffs and paycuts in a companywide call and five days after former Paradigm agent Debbee Klein filed a $2 million wrongful termination suit against the agency, chairman and CEO Sam Gores has addressed his employees again.

Two weeks after implementing layoffs and paycuts in a companywide call and five days after former Paradigm agent Debbee Klein filed a $2 million wrongful termination suit against the agency, chairman and CEO Sam Gores has addressed his employees again.In a letter sent agency-wide on Monday night, Gores did not directly mention the pending litigation, which accused him of leaving the laid-off staff high and dry in economically strained times, but unveiled a number of measures that seemed to

By Naman Ramachandran

Miley Cyrus has helped executives at MAC Cosmetics announce a $10 million (£8.1 million) donation towards local organisations in the fight against coronavirus.

Sony Corp. said Thursday that it will launch a $100 million fund to support those around the world affected by the new coronavirus that causes COVID-19.

Japan’s entertainment and technology giant Sony has unveiled a $100 million fund to support people around the world affected by the coronavirus.

iHeartMedia has joined the growing list of companies implementing sizable pay cuts for senior executives amid the upheaval caused by the coronavirus crisis.

By Dino-Ray Ramos

WarnerMedia will commit “more than $100 million” to help crew members on its shows and movies that have had to pause production during the coronavirus pandemic, CEO John Stankey told employees in a memo Friday afternoon. Stankey also outlined some of the strategic pivots the company has made in recent weeks in order to respond to the crisis, including experimenting with accelerate home viewing, disrupting traditional theatrical windows, with all theaters closed.

WarnerMedia is giving back to its’ production workers who have been laid off due to the coronavirus pandemic.

WarnerMedia will pledge $100 million in relief to workers affected by wide production shut downs in film and television, CEO John Stankey said in a Friday staff memo obtained by Variety.

By Anthony D'Alessandro

The beauty mogul and Keeping Up with the Kardashians star Kylie Jenner donated 1 million dollars for COVID 19 relief fund. The mother of one also reportedly thanked all the healthcare workers who are working day and night amid the Coronavirus outbreak.

Netflix has launched a $100 million relief fund for members of the creative community put out of work by the spread of coronavirus. “Almost all television and film production has now ceased globally—leaving hundreds of thousands of crew and cast without jobs,” Ted Sarandos, Netflix’s chief content officer, said in a statement.

German performing rights organization GEMA has launched an emergency relief fund worth up to $43 million for its songwriter and composer members, according to Music Business Worldwide.

Netflix has said it is establishing a 100 million dollar relief fund for workers in the TV and film industry around the world affected by the coronavirus crisis.