Warner Music-Blavatnik Foundation Names Board of $100 Million Fund

National Basketball Association's Board of Governors and the National Basketball Players Association said on Wednesday that they are creating a $300 million fund to start a foundation that will focus on «economic empowerment in Black communities,» according to a press release.

The rainy season in Korea began in June and is now at an overwhelming recorded amount. Concentrated on the nation's central and southern regions, the residential areas have been flooded which has caused thousands to evacuate along with triggered mudslides, six deaths and eight missing people being reported as well.

Variety Staff Follow Us on TwitterWarner Music Group’s third-quarter earnings were revealed today (Aug. 4).

Eric Levin called the quarter’s results "slightly better than our expectations."Due mainly to non-cash stock-based compensation related to its IPO on June 3, Warner posted a $519 million net loss last quarter compared to net income of $14 million a year earlier.

Variety Staff Follow Us on TwitterWarner Music Group (WMG) has named Dr. Maurice Stinnett head of global equity, diversity and inclusion.

Jem Aswad Senior Music EditorThe three major music companies — Sony, Universal and Warner Music — have asked employees to work from home as much as possible for the rest of 2020 due to concerns over COVID-19.While the offices will be open for employees who must be there for business reasons, according to internal memos obtained by Rolling Stone (which first reported the news) and Variety, the companies, which are the largest recorded-music and music-publishing businesses in the world, have

The Rolling Stones band-mates also helped him mark the occasion on social media.Ronnie Wood and Keith Richards took to Instagram to honour their longtime pal - as did other music stars. Keith, 76, who co-founded the band with Mick in 1962, posted a throwback with his friend, of the duo fist-pumping during a performance and captioned it: 'Mick, Wishing you a Happy Birthday! Love, Keith.'Ronnie, 73, who was not part of the original line-up, joining the rock band in 1976, posted: 'Wishing

Sunday marks a big day for Mick Jagger, who’s celebrating his 77th birthday on July 26.

fund to protect the UK’s arts and cultural industries will be used to save grassroots music venues from closing their doors.In a statement, Culture Secretary Oliver Dowden confirmed that £2.25 million of emergency funding will be used to secure the futures of up to 150 venues across the country.“Without our grassroots music venues, we wouldn’t have The Beatles, Adele or Elton John.

The Duke and Duchess of Cambridge's Royal Foundation announced it will donate about $2 million to U.K.'s frontline workers and mental health initiatives through a fund established in response to COVID-19.The fund backs programs such as grief trauma counseling for emergency responders and mental health support for teachers, parents, and children as schools re-open. The royal couple met with representatives from charities benefitting from the fund earlier this week.

Also Read: We Need to Talk About Kevin Mayer: What Disney Exec's Move to TikTok Means for Booming Social PlatformTikTok has surged in the last year, routinely sitting at or near the top of Apple’s App Store and the Google Play app store.

Todd Spangler NY Digital EditorTikTok is launching a program to fund its most popular creators directly for their videos — with an initial $200 million earmarked for the U.S.

Selena Gomez's cosmetics line, Rare Beauty, has officially launched the Rare Impact Fund with the goal of addressing gaps in mental health services for underserved communities nationwide.

Selena Gomez's makeup company Rare Beauty launched the Rare Impact Fund on her 28th birthday today (July 22), which plans to raise $100 million to provide mental health services to underserved communities.Going forward with the mission-driven beauty brand's very first sale, 1% of annual sales on Rare Beauty products in addition to funds raised by partners will benefit the fund, which plans to raise the $100 million goal over the next 10 years.

Todd Spangler NY Digital EditorSpotify and Universal Music Group, one of the industry’s three biggest music companies, announced a multiyear global music licensing pact.Under the deal, UMG will “deepen its leading role as an early adopter of future products” on Spotify’s platform and “provide valuable feedback to Spotify’s development team,” the companies said.

Warner Music Group (WMG) and the Blavatnik Family Foundation have announced the external board of directors for their joint Social Justice Fund, including executives from a wide range of backgrounds and disciplines. The $100 million fund was announced in June following "#TheShowMustBePaused," an industry-wide campaign to sho

reports that Will earned almost $45 million in the middle of a global pandemic. Honestly, would love a Red Table Talk episode devoted entirely to how he did this because I need tips.

Warner Chappell Music, the music publishing arm of Warner Music Group, has signed an exclusive worldwide publishing deal with Bronco.