Now tell us what you’re doing with the other 98% https://t.co/M9aT87CjF1
— Annie Parker #BlackLivesMatter (@annie_parker) June 30, 2020
Netflix will set aside 2% of its cash holdings (~$100M) to invest in Black communities. This follows Robert Smith from Vista Equity's call to action for large corporations to set aside 2% of net income over the next decade to support Black communities. https://t.co/bpLDkiBpNT
— Sally Shin (@sallyshin) June 30, 2020
Netflix is making a $100M commitment to support Black communities — the company’s Director of Recruiting Aaron Mitchell and CFO Spencer Neumann join @andrewrsorkin to discuss. https://t.co/7bsEopT9Lz pic.twitter.com/JXA0IDUDf2
— CNBC (@CNBC) June 30, 2020
And on a Tuesday.... #Netflix comes out hitting a home run. You support us, I support you. Will forever keep my subscription as long as they keep their support ???? https://t.co/iHYecQI6Rg
— Jabari Young (@JabariJYoung) June 30, 2020
Reed Hastings/Netflix:
— Jay Yarow (@jyarow) June 30, 2020
$100 million coronavirus relief fund: https://t.co/uYGMitNWW3
$100 million to financial institutions supporting Black communities: https://t.co/KdGejRofzL
$120 million to historically Black colleges https://t.co/M83XWICGUl
Tax write off, cast black people in your orignals & not those Great Value UK actors. Pay the people who actually live here for roles. https://t.co/zDb8AMAOqR
— ً (@TTGBossmanSZN) June 30, 2020
Today we’re partnering with @Netflix to launch the Black Economic Development Initiative, which will invest $25M in Black-owned or Black-led financial institutions and other organizations serving the Black community nationwide. https://t.co/lALPdvKK3R
— LISC (@LISC_HQ) June 30, 2020
Netflix to Shift $100 Million in Cash Into Black-Owned Banks https://t.co/KBZlczXYG9
— rolandsmartin (@rolandsmartin) June 30, 2020
Netflix will shift $100 million of cash into Black-owned banks, making it the largest company yet to pledge cash to historically underfunded financial institutions https://t.co/JBFgf1IX8y
— philip lewis (@Phil_Lewis_) June 30, 2020
$100M to Black-Owned Banks.https://t.co/4cYAIwBMIx
— Zara Rahim (@ZaraRahim) June 30, 2020
This is how we turn outrage into action. Thank you @reedhastings & @Netflix. $100m into Black-owned banks is a giant step forward. If major U.S. companies invest 2% of profits in left behind communities, we can close the racial wealth gap in 10 years. https://t.co/EqwtkHx6UK
— Robert F. Smith (@RFS_Vista) June 30, 2020
This is major and @GoCapWay is ready!
— Sheena Allen (@whoisSheena) June 30, 2020
Netflix to Shift $100 Million in Cash Into Black-Owned Banks https://t.co/a5swo0spMH
This is worth paying attention to
— Thee REI Queen ? (@SilverInvests) June 30, 2020
Netflix to Shift $100 Million in Cash Into Black-Owned Banks https://t.co/7A8gEGpahN
This is a BIG deal. Need to make sure that the black banks can handle this, so we need to insure the operational software upgrade of how we do business also. Bravo @netflix.
— John Hope Bryant (@johnhopebryant) June 30, 2020
Netflix to Shift $100 Million in Cash Into Black-Owned Banks https://t.co/5y8SiSIkW5
Netflix will shift $100 million of cash into Black-owned banks, making it the largest company yet to pledge cash to historically underfunded financial institutions https://t.co/Htp3pYf00e
— zellie (@zellieimani) June 30, 2020
And on a Tuesday.... #Netflix comes out hitting a home run. You support us, I support you. Will forever keep my subscription as long as they keep their support ???? https://t.co/iHYecQI6Rg
— Jabari Young (@JabariJYoung) June 30, 2020
넷플릭스, 자사 현금 보유의 2%(1억 달러)를 미국 흑인 커뮤니티 지원에 쓸 것
— Wan Ki Choi (@wkchoi) June 30, 2020
- 비디오 스트리밍 서비스 업체, 화요일 블로그를 통해 우선적으로 1억 달러 지원 약속해
- 이는 CEO 리드 해스팅 부부가 역사적 흑인 대학들에 1.2억 달러를 기부한지 2주 후에 나온 것https://t.co/Yj724Md7f7
"@Netflix will shift some of its $5 billion in cash to financial institutions that focus on black communities... Mr. Mitchell [on the development team for Netflix] said that he drew on the book 'The Color of Money' by @MehrsaBaradaran."https://t.co/uLxI6XRu7g.
— JustMoney.org (@justmoneyorg) June 30, 2020
Today in @dealbook I discuss Lemonade, the next PBC IPO, the meaning of corporate purpose and stakeholder governance and whether this all is more than just handwaving. Implementing stakeholder governance will take more than just saying you care . . . . https://t.co/zQiLDrwrLt
— Steven D. Solomon (@stevendsolomon) June 30, 2020
???This is a big idea from Netflix that other companies should consider! https://t.co/6Or6vLWMmV
— Andrew Ross Sorkin (@andrewrsorkin) June 30, 2020
Prof. @mehrsabaradaran’s book ‘The Color of Money’ helps inspire @netflix’s move to shift $100M into financial institutions, organizations that support Black communities @nytimes #letsgochangetheworld https://t.co/eMj4dXF0YL
— UCILaw (@UCILaw) June 30, 2020
This is how real change starts. Money flowing into black owned banks, which then becomes loans for black entrepreneurs, home buyers, etc.
— Trap Griswold (@DavidKHill) June 30, 2020
Netflix’s Big Idea to Support Black Communities https://t.co/eYyfLwQWD6
Netflix Moves $100 Million to Black-owned Banks - The New York Times https://t.co/2YUGqgucjC
— Bill Bynum (@HopeCUbill) June 30, 2020
One thing I love about this initiative is that it was inspired by a book someone at Netflix read. So yes, keep ordering books about the Black experience and specifically read "The Color of Money" by @MehrsaBaradaran! https://t.co/BhfpQ8NmKf
— Jordyn Holman (@JordynJournals) June 30, 2020
#Netflix to Invest $100 Million in Black Community’s Financial Institutions. To help local institutions offer more loans, mortgages in underserved areas https://t.co/haEu6tG9Tw @WSJ #CSR #BLM
— ?Alice Korngold?? (@alicekorngold) June 30, 2020
Netflix to Donate $100M to Black Communities https://t.co/u3uxVEWhrK pic.twitter.com/vmuqlBNwhU
— The Voice of America (@VOANews) June 30, 2020