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Netflix makes $100 million commitment to support Black communities in the U.S.
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Netflix makes $100 million commitment to support Black communities in the U.S.

Published: June 30, 2020  |  3 min read, 600 words
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Keep Me Logged InKey Points announced Tuesday it will start putting 2% of its cash holdings into financial institutions and organizations to "directly support Black communities in the U.S."The video streaming giant said in a blog post that its initial commitment will be as much as $100 million.In the first step in allocating that money, $25 million will be moved to a new fund called the Black Economic Development Initiative, investing in "Black financial institutions serving low and moderate-income communities and Black community development corporations in the U.S.," the company said.It... READ MORE
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