Sony Music Group has launched a $100 million fund “to support social justice and anti-racist initiatives around the world.'
The company has also pledged to expand mental health resources for employees and work with outside experts to advise the company on its inclusion and diversity commitments.
“Racial injustice is a global issue that affects our artists, songwriters, our people and of course society at large,” said Sony Music Group chairmanin a statement. “We stand against discrimination everywhere and we will take action accordingly with our community fully involved in effectively using these funds.”
“A big takeaway from yesterday is that the discussions we started must continue,” Stringer wrote. “We can be a company where these difficult, uncomfortable conversations occur more often. To facilitate these platforms for being heard, we plan to hold more regular employee forums in the coming year.”
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