Sony Music Group announces new $100million social justice fund
Sony Music Group has established a $100million social justice fund as they aim to show solidarity following worldwide Black Lives Matter protests.
According to a press release from Sony Music Group, the company have said that they “will immediately begin to donate to organisations that foster equal rights”. However, Sony didn’t disclose what specific organisations were set to be receiving financial aid from the fund.
Chairman of Sony Music Group Rob Stringer has issued this statement, stating: “Racial injustice is a global issue that affects our artists, songwriters, our people and of course society at large. We stand against discrimination everywhere and we will take action accordingly with our community fully involved in effectively using these funds.”
Sony’s announcement comes shortly after Warner Music Group revealed their own USD $100million fund last week which was set up in partnership with the Blavatnik Family Foundation, a charitable organisation run by WMG vice-chairman Sir Leonard Blavatnik.
Warner’s fund hopes to “strengthening education, and promoting equality, opportunity, diversity and inclusion” in the music industry.
On a smaller financial scale, Mura Masa has announced that he will be launching an initiative to help black women get into roles within the music industry as their presence is severely lacking. Masa wrote: “My management and some of my touring crew are organising a free, 12-week weekend course for 10 black women to train in live music roles (specifically crew roles like the front of house/mixing/monitor engineering, lighting technician).”
Adding: “It begins to address a problem that we’ve privately discussed at length whilst putting my own show together, in that there is a serious, serious lack of women of colour occupying these roles and we would love to have that change. If you’re in the industry then you know just how true this is.”