Donations are just one part of the multi-faceted approach needed to fight systemic racism. But these music companies are putting their money where their mouth is.
a new "Task Force for Meaningful Change" focused on inclusion and social justice, which includes a $25 million “Change Fund” that will be invested across six areas of focus, including aid/charitable giving, global, internal/institutional change, legislative/public policy, partners and programming/curation.an undisclosed amount to protester bail-out organizations and other charities fighting for social justice, and will not release new music for the week of June 1.
Capitol Music Group -- which includes labels like Capitol, Motown, Blue Note and Virgin, along with distribution arm Caroline --Republic Records is the Republic Records Action Committee and will not release new music the week of June 1. It is working closely with UMG's Task Force, which includes members of the Republic team, to allocate funds.that many employees donated their June 2 salaries to organizations which operate in the Black Lives Matter space.SMG, which is home to artists like Beyoncé and Travis Scott, on June 5 launched a $100 million fund to support social justice and anti-racist initiatives around the world.
Sony Music Entertainment says it will match employee donations to social justice organizations like the ACLU, Black Lives Matter, the NAACP, the Minnesota Freedom Fund, The Innocence Project and Unicorn Riot. The employee-matching program builds off of its similar COVID-19 relief initiative.Warner Music Group
WMG, home to artists like Ed Sheeran and Madonna, announced a $100 million fund to support organizations which fight for social justice. The initiative is a partnership with The Blavatnik Family Foundation, the charitable institution ofWMG also made an undisclosed donation to Black Lives Matter on behalf of its labels, which include Warner Records and Atlantic Records.
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