Banking On Us: Fulfilling Our Pledge to the Black Community

We’re excited to announce that Netflix has fulfilled its  pledge  to move two percent of our cash holdings — around $100 million — into Black banks and other Black-led financial institutions in the US. More capital moving into these institutions means more home and small-business loans, resulting in more opportunities for Black communities. And because we pegged our commitment to 2% of Netflix’s case, the investment also grows overtime. So we will be “topping up” our commitment at the en…

Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=282299

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