Warner Music Group and the Blavatnik Family Foundation have announced a $100 million fund to support charitable causes related to the music industry, social justice and campaigns against violence and racism.
The fund was announced shortly after the end of ‘Blackout Tuesday’ on 2 June, when the music industry paused everyday operations to protest police violence against the black community. The campaign was launched by #TheShowMustBePaused, an initiative created by Jamila Thomas, an executive at Warner-owned Atlantic Records, and Platoon’s Brianna Agyemang, and was supported by much of the music industry, including all of its largest companies.
An advisory panel made up of appointees from Warner Music Group and the Blavatnik Family Foundation will establish procedures to identify and support those in the music community, and organisations strengthening education, and promoting equality, opportunity, diversity and inclusion. The advisory panel will determine the amount and timing of the awards.
The Blavatnik Family Foundation is exclusively self-funded by American-British industrialist and philanthropist Len Blavatnik, a majority owner and the founder and chairman of Access Industries, a privately held industrial group based in the United States. Blavatnik is well known in the UK because of his large donation to Tate Modern in London, where a wing of the museum bears his name.
Steve Cooper, Warner Music Group CEO, said:
‘This fund will support the extraordinary, dedicated organisations that are on the front lines of the fight against racism and injustice, and that help those in need across the music industry.
‘Our advisory panel, which will draw from a diverse cross-section of people from our team and the wider community, will help us be very thoughtful and accountable in how we make an impact. We’re determined to contribute, on a sustained long-term basis, to the effort to bring about real change.’
Header graphic: Black Out Tuesday was widely supported across the international music industry