Ahead of International Women’s Day on March 8th, Netflix announced that they are committing their first $5 million of their recently established Creative Equity Fund to support women in the entertainment industry globally.
The streamer is investing in the next generation of female storytellers and filmmakers in off-screen roles.
The streamer will do partnerships with third parties and bespoke Netflix programs to support a range of initiatives – from workshops to train aspiring women writers and producers on how best to pitch their creative vision, to shadowing opportunities on productions.
Among the first beneficiaries of the funding will be yearlong mentorship opportunities for female creatives in France and Germany; a short-film incubator for Latinx women; and a director training program in Canada.
“I am more determined than ever to ensure that the next generation of female storytellers has more opportunities than the women who came before them”, Head of Global TV, Bela Bajaria said in a statement.
International Women’s Day – Breaking barriers
As part of the announcement, Netflix also launched this video (below) in support of women paving the way in entertainment, asking who will be next, and letting women around the world know, you never know who else will rise up because of broken barriers.
Creative Equity Fund
The company announced on Feb. 26 the creation of the Netflix Fund for Creative Equity, which will invest $100 million over the next five years in organizations that help underrepresented communities in the TV and film industries.
In January, Netflix released its first inclusion report, offering a snapshot of the company’s progress since 2017 and plans to grow representation under the leadership of Vernā Myers, VP of inclusion strategy.