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UMG Exec Steven Victor Announces New Philanthropic Venture With $1M Pledge

Everyone is stepping up to create philanthropic ventures in support of the recent protests and uprisings across the country. Steven Victor, senior vice-president of A&R at Universal Music, is launching a new philanthropic foundation under his Victor Victor Worldwide company in support of the Black Lives Matter movement, Variety reports . Victor — who has previously worked with G.O.O.D. Music and represented artists such Pusha T, The-Dream, and the late Pop Smoke — announced the Victor Victor Foundation as his new venture to combat the injustices affecting the Black community. He told Variety , “I’m committing $1,000,000 to the foundation — it’s a starting point and I know it’s going to take much more than that to affect real change.” Victor outlined the foundation’s purpose in an official statement which reads: “The injustices against the black community that persists in our country, fueled by systemic racism and prejudice that lies within the criminal justice system and other...

Njera Perkins

Jun 10, 2020