Universal Music Group establishes $25 Million ‘Change Fund' and Task Force for Meaningful Change
“Task Force for Meaningful Change was created as a driving force for the ongoing fight for equality, justice and inclusion. We are charged with reviewing the company’s commitment to addressing and promoting tolerance, equality, and elimination of bias, within UMG, the music community and the world at large. It is our mission to identify the gaps and deficiencies and to strengthen UMG’s plan with new initiatives,” they continued. “And EVERYTHING is on the table.
The six areas of focus include Aid/Charitable Giving, which will fund charities that support economic empowerment and business development, housing, legal services and bail along with mental health services and provide other resources.
Global, Internal/Institutional Change, Legislative/Public Policy, Partners, and Programming/Curation round out the six areas of focus. The TFMC wrote that it has already launched several initiatives, including holding town hall meetings with guest speakers for employees, letter campaigns to Congress demanding action, funds for justice via UMG’sprogram that includes matching employees’ qualifying contributions to non-profit groups, a legal volunteer action center and a voter action center.
“We know our community, colleagues, artists and partners are suffering,” the letter concludes. “We feel it and we’re living it but we’re also energized to fight for change. We’re asking for you to lock arms with us — we want to hear your voice. Now is the time to be heard!”
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