According to The Verge, the company plans to commit up to $ 100 million, but there is a chance that the cash may grow over time.
Netflix has announced that the first $ 35 million of money will be divided into two parts, one of which will be used to form the “Black Economic Development Initiative” and the rest will be used for Hope Credit Union.
Payment details of the remaining USD 65 million are yet to be disclosed by the company. (ANI)
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