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As part of their “commitment to racial equality,” Netflix has pledged to invest $100 million into Black communities to help build economic opportunity.
"Going forward, Netflix is going to allocate two percent of our cash holdings - initially up to $100 million - into financial institutions and organizations that directly support Black communities in the U.S.,” Aaron Mitchell, director of talent and acquisition, and Shannon Alwyn, treasury director, announced in a blog post on Tuesday (June 30).
The company will move $25 million into a newly established Black Economic Development Initiative managed by Local Initiative Support Corporation, a nonprofit community development financial organization that assists underserved communities. LISC will invest the money into “Black financial institutions serving low and moderate-income communities and Black community development corporations in the U.S.”
Additionally, Netflix plans to make a $10 million “transformational deposit” into Hope Credit Union to help boost “economic opportunity” in Black communities in the Deep South.
“This capital will fuel social mobility and opportunity in the low- and moderate-income communities these groups serve,” the company added. “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.”
August Alsina isn’t done speaking up. The singer took to Instagram on Friday (July 3) to clarify a few things about his bombshell interview with Angela Yee.
“The journey to freedom is a deeply complex, tricky, and turbulent road to tow; yet very necessary,” begins the lengthy post.
The 27-year-old New Orleans native also spoke about oppression, and affirms his commitment to “transparency” and “truth,” no matter how hard things get. “Truth & Transparency makes us uncomfortable, yes, but I can’t apologize for that. A tower of truth can never fall, only a tower of lies can do that. My truth is MY truth, & [it's] mine to own. There is no right or wrong here, it simply just IS.”
Towards the end of the post, Alsina appears to directly address Jada Pinkett Smith and Will Smith. “My heart has no malice or hate toward anyone on this planet. I just simply want the chains off & I’m willing to DIE getting there. The gift of freedom is yours to have, God promises us that, but only if you’re willing & God is not a man that HE should lie.. & I’m His SON, so neither would I.
“With that being said,” he continued. “I should also say that, no one was side swiped by any conversation, everyone got courtesy calls time in advance. Wishing Everyone Big Love!”
The Smiths have denied Alsina’s claims that he had an affair with Jada with Will's permission. On Thursday (July 2), Jada announced that she will be booking herself on Red Table Talk, presumably to address the rumors.
Read Alsina's full Instagram post below.
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God said, We may grow weary and tired fighting in the fire, but we shall NOT be burned! The journey to freedom is a deeply complex, tricky, and turbulent road to tow; yet very necessary. Oppression comes in so many forms these days, beginning w/ physical slavery and bondage to the white man, then passed down generational programming that manifest into mental enslavement. Slaves to an idea, slaves to an image, slaves to a code of conduct, slaves to a picture you’ve created in your mind.. even if it contains many falsities.. & anything that differentiates from your “idea” & “image” feels like an attack. & I get it; not only do i get it but I’m also sorry you feel that way, BUT, The only attack here is against the invisible walls of silent societal construct and “code” we place upon each other & upon ourselves hidden behind the desires of others approval & acceptance; another form of slavery & bondage that blocks one’s truest self from showing & spirit flow. Be blocked and stuck for what? Live silent, pressed down crippled in fear for who ? Adversary is but a gift given to you to flourish. We are surround by so much disharmony in this external world, so it is my forever job to do whatever’s necessary to reach the gift of harmony within myself. Truth & Transparency makes us uncomfortable, yes, but i can’t apologize for that. A tower of truth can never fall, only a tower of lies can do that. My truth is MY truth, & its mine to own. There is no right or wrong here, it simply just IS. & I make room and have acceptance for your thoughts and opinions, regardless if I agree or not, you have that freedom to feel WHATEVER it is u feel because when you’re at TRUE peace, all of the noise and chatter becomes that of a whisper. My heart has no malice or hate toward anyone on this planet. I just simply want the chains off & I’m willing to DIE getting there. The gift of freedom is yours to have, God promises us that, but only if you’re willing. &God is not a man that HE should lie.. & I’m His SON, so neither would I. 🙏🏽 W/ that being said i should also say that, no one was side swiped by any conversation, everyone got courtesy calls time in advance. Wishing Everyone Big Love!
Team Roc, the social justice sector under Jay Z’s Roc Nation imprint, is demanding the arrest and prosecution of a Milwaukee cop who shot and killed three people of color, including a Black teenage boy, over the last five years.
The organization took out a full-page ad in the Milwaukee Journal Sentinel on Thursday (July 2), calling for the arrest of Officer Joseph Mensah. “Let us start off with a simple question,” reads the letter addressed to Milwaukee County D.A. John Chisolm.“How many more people must die at the hands of Officer Joseph Mensah? Since joining the Wauwatosa Police Department in 2015, Mensah has shot and killed three men of color — Alvin Cole, Antonio Gonzales and Jay Anderson — with an excessive total of NINETEEN fired shots. His actions demonstrate an utter disregard for the lives of these young men.”
The letter goes on to state that the police department’s failure to enforce body cameras, and “failure to preserve video evidence” has impeded numerous investigations. “We are calling for your office to prosecute Mensah to ensure that he never kills anyone again, and to immediately outfit all of our police officers with body cameras. It is your responsibility to do the right thing, hold Mensah accountable for his actions and protect Wauwatosa citizens from further tragedy.”
Cole, the youngest of the shooting victims, was killed in February. Wauwatosa Police Chief Barry Weber claims that the 17 year old fired a gun at officers “before the police officer fired theirs.”
Gonzales, 29, was killed in July 2015, because he refused to drop a sword. At the time, police were responding to a 911 call placed by a homeowner who claimed Gonzales was intoxicated and behaving erratically.
Anderson, a 25-year-old father, was shot and killed while sitting in his car at about 3 a.m. on June 23, 2016. Mensah claimed that Anderson reached for a gun as he approached the vehicle. Prosecutors decided that Mensah acted in self defense, but have since agreed to review the case.
“I would like to see him do some time for the killings he has done,” Anderson's mother said of Mensah. “It is not norma to kill three people. He is a murderer."
Read Team Roc's full letter below.
JAY-Z's Team Roc calls for the prosecution of police officer who has killed 3 men of color
The social justice sector of Roc Nation wrote an open letter in the Milwaukee Journal Sentinel to Milwaukee DA @DAJohnChisholm,calling for the firing & prosecution of officer Joseph Mensah pic.twitter.com/RvDfh7jSCV
— JAY-Z Daily (@JAY_Z_Daily) July 2, 2020