Building Economic Opportunity For Black Communities

OFFICIAL PRESS RELEASE


NEWS PROVIDED BY
Netflix

At Netflix, we know great stories can create empathy and understanding. Stories like Ava DuVernay’s 13TH and Explained’s Racial Wealth Gap show how systemic racism in America has sustained a centuries-long financial gap between Black and White families. As part of our commitment to racial equity, we are turning understanding into action. Going forward, Netflix is going to allocate two percent of our cash holdings - initially up to $100 million - into financial institutions and organizations that directly support Black communities in the U.S.

Read the full press release below.

Source Netflix

June 30, 2020 7:52am ET by Pressparty  

  Shortlink to this content: https://bit.ly/31wo84z

SHARE THIS

Latest Press Releases