BRIEF-Netflix Says To Allocate 2% Of Cash Holdings Up To $100 Mln Into Financial Institutions That Support Black Communities In U.S

by Reuters
Tuesday, 30 June 2020 12:14 GMT

June 30 (Reuters) - Netflix Inc:

* NETFLIX SAYS TO ALLOCATE 2% OF CASH HOLDINGS UP TO $100 MILLION INTO FINANCIAL INSTITUTIONS & ORGANIZATIONS THAT SUPPORT BLACK COMMUNITIES IN U.S

* NETFLIX INC- AS THE FIRST STEP IN THIS $100 MILLION COMMITMENT, CO WILL BE HOLDING $35 MILLION OF CASH IN TWO VEHICLES Source text: https://bit.ly/3dKNRZL Further company coverage:

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