Netflix CEO to donate $120M to historically black colleges

Automatic TRANSCRIPT

Brooks Netflix CEO reed Hastings tells CNBC that he and his wife are going to donate whatever twenty million dollars to historically black institutions in the U. S. including the U. N. C. H. at Spelman college and Morehouse College in Atlanta Hastings said they want to help draw attention to the historically black colleges and universities and them being part of the solution for America and for black children to aspire to Hastings is worth four point eight billion dollars as Netflix shares have soared about thirty percent higher in twenty twenty thanks to its status as a stay at home stock in Netflix rose another two and a half percent today hitting an all time

Coming up next