Disney pledges $5 million donation to social justice nonprofits amid George Floyd protests

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The Walt Disney Company, Hollywood's biggest studio, has pledged to donate $5 million to social justice nonprofits. The first $2 million will go to support the NAACP.

, Hollywood's biggest studio, pledged a total of $5 million in donations to support social justice nonprofits.

The first is a $2 million contribution to the NAACP "to further their longstanding work promoting social justice by eliminating disparities and racial discrimination through their advocacy and education programs," the company announced Wednesday.Disney also pledged to match employee donations to organizations through the Disney Employee Matching Gifts program.

"The killing of George Floyd has forced our nation to once again confront the long history of injustice that black people in America have suffered, and it is critical that we stand together, speak out, and do everything in our power to ensure that acts of racism and violence are never tolerated," Disney CEO Bob Chapek said in a statement.

Disney — which owns Walt Disney Pictures, Walt Disney Animation, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios, Searchlight Pictures, ABC, ESPN, and more — ranked among

Source: News Formal (newsformal.com)


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5 million? They own everything, it should be at least 50

That money would be better served by improving police screening and training to prevent this kind of tragedy from occurring, to begin with. It seems like a more positive solution with measurable results and fast results.

Sweet. That’s about 30 minutes of revenue at Disney World. Or Bob Igor taking a 7% pay cut.

Really 5? For a company who doesn't budge on reducing their video releases in price years after they are out they can only spare 5 million?

$5 million...? That’s it? What happened to all the money Disney saved after furloughing their part-time theme park employees?

Nice step but they should also stop advertising on Fox

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