Hollywood studios and entertainment companies are donating millions toward disaster relief in the wake of the Los Angeles fires. Why it matters: The devastating wildfires are impacting not just their production schedules,

Amid the ongoing Los Angeles wildfires, many major studios have offered donations and aid to help support recovery efforts. The current death toll, as of Sunday evening, is 24. Over 150,000 people have been displaced with many people losing their homes.

Studios are mobilizing their own response efforts amid the devastation; Paramount Global commits $1 million to multiple nonprofits.