Netflix to move $100 million in cash into Black community banks
BUSINESS
June 30, 20202 min read, 351 words

Netflix to move $100 million in cash into Black community banksNetflix to move $100 million in cash into Black community banks

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Published: June 30, 2020  |  2 min read, 351 words
Illustration: Sarah Grillo/AxiosNetflix has pledged to allocate about 2% of the $5 billion it holds in cash — some $100 million — to "financial institutions and organizations that directly support Black communities in the United States," the company announced today.Why it matters...
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