Warner Music Group and the Blavatnik Family Foundation is creating a $100m fund to support charitable causes related to the music industry, social justice and campaigns against violence and racism.
An advisory panel made up of appointees from Warner Music Group and the Blavatnik Family Foundation will establish procedures to identify and support organizations as well as determine the amount of the financial gifts and timing.
“This fund will support the extraordinary, dedicated organizations that are on the front lines of the fight against racism and injustice, and that help those in need across the music industry,” WMG CEO Steve Cooper said. “We’re determined to contribute, on a sustained long-term basis, to the effort to bring about real change.”
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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