WebJun 15, 2024 · Netflix said it will donate $5 million to organizations dedicated to creating opportunities for Black creators, Black youth and Black-owned businesses, including Ghetto Film School, Black Public Me… WebSep 14, 2024 · In 1863 black communities owned less than 1 percent of total U.S. wealth. Today that number has barely budged. Mehrsa Baradaran pursues this wealth gap by focusing on black banks. She challenges the myth that black banking is the solution to the racial wealth gap and argues that black communities can never accumulate wealth in a …
Netflix will deposit $100 million in Black-owned banks
WebJul 2, 2024 · July 2, 2024 Associated Press News. JACKSON, Miss. (AP) — Netflix on Tuesday announced a $10 million investment in a Mississippi-based credit union to build economic opportunities in Black communities across the Deep South. The Netflix deposit is one of the first investments in the $100 million initiative by Hope Credit Union to make … WebJun 30, 2024 · “Banks that are Black-owned or -led represent a mere 1% of America’s commercial banking assets. This is one factor contributing to 19% of Black families … photographer liability release
Netflix will move $100 million into Black-owned banks Fortune
WebAug 26, 2024 · Netflix (NFLX) on Tuesday said it would invest in Black-owned banks in an effort to help close the wealth gap between Black and White America. The streaming service announced plans to deposit 2% of its cash, or an estimated $100 million, into Black-owned financial institutions and community development organizations, which have a … WebDec 7, 2024 · Future Publishing via Getty Images. Streaming giant Netflix NFLX -0.9% makes good on its pledge to put 2% of its cash, around $100 million, in Black-led banks and wants to send even more money in ... WebAug 27, 2024 · Suhauna Hussain. Aug. 27, 2024 5 AM PT. Los Angeles’ Broadway Federal Bank and Washington, D.C.’s City First Bank are merging to form the largest Black-led bank in the U.S., underscoring the ... how does tommy shelby die