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Netflix Set To Invest Millions Into Black Communities

Mega streaming service Netflix is sticking to its initiative to commit “to racial equality”. The company has pledged to invest $100 million into Black businesses and communities. 

“Going forward, Netflix is going to allocate two percent of our cash holdings- initially up to $100 million- into financial institutions and organizations and organizations that directly support Black communities in the U.S.”, stated Aaron Mitchell, director of talent and acquisition. 

They also stated that they plan to contribute $10 Million into the Hope Credit Union to help boost “economic opportunity” in deep southern Black areas. 

“This capital will fuel social mobility and opportunity in the low and moderate income communities these groups serve. We plan to redirect even more of our cash to Black-led and focused institutions as we grow, and we hope others will do the same, the company added. 

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Aman Magazine 2020

Aman Magazine 2020


Aman Magazine is your digital destination for pop culture, fashion, and everything Atlanta. Aman Magazine was launched in 2013 by Editor-In-Chief Amani Sams. For five years, Aman has featured some of the most pivotal voices and socialites of Atlanta including singer Dondria, Reality TV star Shay Johnson, the WAGS of Atlanta, and rapper Miss Mulatto. Aman continues to give readers the latest news and trending topics| Copyright © 2020 Aman Magazine | Designed & Developed by Web Designer ATL