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Home » Business » Netflix contributes R5,5 million towards Black Creatives Empowerment

Netflix contributes R5,5 million towards Black Creatives Empowerment

Eddy Chabalala by Eddy Chabalala
16 September 2021
in Business, News, Press Release, Streaming
Reading Time: 3 mins read
NETFLIX SA LOGO

Netflix, the world’s leading entertainment streaming service, announced a commitment of $400 000 USD (approx. R5.5 million) in the form of a grant and creation of scholarships to extend the support for Black representation in the Film & TV industry to the creative ecosystem in South Africa.

The Netflix Black Creatives Empowerment Fund will be implemented in a two-pronged approach: the first being a $100,000 (approx. R1.4 million) grant in benefit of The Independent Black Filmmakers Collective NPC (IBFC), with the second being $300,000 (approx. R4.4 million) designated towards funding full scholarships at higher education institutions in South Africa to support the formal qualification and training of aspiring Black creatives in the film and TV disciplines.

The Goal of the fund is to:

  • Create and promote more opportunities and training for people from underrepresented Black communities in South Africa to enter and succeed in the film and TV industry.
  • Provide Black filmmakers with access to scarce funding required to create screen productions in South Africa.
  • Support organizations that are involved in bespoke programmes geared towards identifying, training and/or providing creative opportunities for members of the Black community in South Africa’s film and TV industry.

Netflix has chosen a two-pronged approach for achieving the goals set out above:

  • $100,000 (approx. R1.4 million) grant in benefit of The Independent Black Filmmakers Collective (IBFC).
  • IBFC is a collaborative business to business network and advocacy group formed in 2017 by wholly black-owned South African film and television companies, representing filmmakers, content creators, film and television/commercials directors, producers, marketers, facilities and services industrialists and entrepreneurs.
  • The collective aims to:
    1. Advance an enabling and sustainable business environment for South African Black audio-visual practitioners and producers that provide dedicated support for Black enterprise development and ownership across the film and TV value chain in South Africa.
    2. Nurture and fast track the creation and ownership of Black intellectual property assets.
    3. Accelerate the participation of Black film professionals and aspiring Black Industrialists in the local creative industry.
  • $300,000 (approx. R4.4 million) designated to provide financial assistance through full scholarships and graduate debt relief at higher educational institutions in South Africa so as to support the formal qualification and training of aspiring Black creatives in the film and TV disciplines.
  • Institutions where qualifying students will be able to apply for scholarships and where debt relief opportunities will be available include: University of Cape Town; University of the Witwatersrand; University of Johannesburg; University of Pretoria; University of KwaZulu-Natal; Cape Peninsula University of Technology; Durban University of Technology; Tshwane University of Technology; AFDA; Boston Media House; AACA Film and Acting School; and CityVarsity.

Netflix will again be working in partnership with social investment fund management and advisory firm Tshikululu Social Investments, as the implementing partner/fund administrator with the responsibility of supporting the outreach and execution of the project.

In July 2020 and March 2021, Tshikululu worked closely with Netflix, the South African Screen Federation (SASFED) and their member organisation, Independent Producers Organisation (IPO), to create the COVID-19 Film and Television Relief Fund that helped the hardest hit workers in the South African creative community.

From the 17th of September 2021, students interested in applying for the fully-funded scholarships will be able to find additional information, application criteria and will be able to apply online on Tshikululu’s website (tshikululu.org.za).

“We recognise that being part of the local creative community in South Africa also comes with responsibilities, in particular the need to develop the talent pipeline and give new voices the chance to be heard. Talent development is extremely important to us and we will continue to work with the industry in South Africa to support and develop new opportunities to grow the creative community.” – Ben Amadasun, Director of Content for Netflix in Africa.

“We are delighted to have offered this opportunity and established such a strong partnership with Netflix who share our intention to build capacity in the black filmmaker and practitioner value chain. It is through such intentional and systematic approaches to empowerment that we will build effective economic participation. We thank Netflix for walking this road with us.” – Azania Muendane, Co-Chairperson, IBFC

Image Courtesy: Supplied

Tags: Black Creatives EmpowermentIBFCNetflixTshikululu
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Eddy Chabalala

Eddy Chabalala

Eddy Chabalala is the Editor and Publisher of Quick Read Magazine, a leading online publication in South Africa. With a background in copywriting, social media management, and public relations, Eddy has been with Quick Read since 2014 and has witnessed the magazine's growth over the years. He focuses primarily on entertainment, music, and movie reviews. Under Eddy's leadership, Quick Read covers a wide range of topics, including general news, technology, entertainment, celebrity news, sports, health, and finance, aiming to provide fresh and relevant content to its readers.

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