WMG CREATES $100M FUND TO FIGHT INJUSTICE

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.”