Netflix Shifts Cash to Black-Owned Banks

NYTimes.com

30 Jun 2020 0 shares 1 views

NYTimes.com

Published 30 Jun 2020

The streaming giant will permanently shift a share of its cash to financial institutions that serve Black communities, allowing them to lend more.

Netflix is moving 2% of its cash to Black-owned banks in $100 million focus

USATODAY.com 30 Jun 2020

The streaming giant sits on $5.1 billion in cash, and two percent of that will be moved to Black-led banks, Netflix announced on..