Hollywood Losing $10B in Potential Annual Revenue From Black Inequity, Says McKinsey Report Rebecca Sun Black Inclusion in Hollywood
As Hollywood companies and affiliated organizations scramble to hire diversity experts and strategists as part of their public commitments to inclusion, management consulting powerhouse McKinsey & Co. has applied its analytic expertise to the industry as a whole in a report diagnosing the experience of Black professionals working in entertainment.
Penned by McKinsey partners Jonathan Dunn, Sheldon Lyn and Ammanuel Zegeye and consultant Nony Onyeador,
Black Representation in Film and TV: The Challenges and Impact of Increasing Diversity declares that collective, system-wide action is imperative for reform. “In any given week, let alone an entire career,” the report’s authors write, “a professional working in Hollywood might have to traverse multiple separate entities agencies, unions and guilds, studios, networks, produc
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Vernā Myers became the VP of Inclusion Strategy at Netflix in 2018
Netflix is headquartered in Los Gatos, California and was founded in 1997 and began streaming programs in 2007. The company now has 203.7 million subscribers world-wide and 73 million in the United States.
Inclusion according to Myers has been a “cultural value” at Netflix since 2017.
“ . . . [W]hen you pair . . . culture with diversity and inclusion – it unlocks our ability to innovate, to be creative, to solve problems,” she said.
She adds that inclusion teams cannot do this alone: “[E]ach employee needs to look at every issue, decision, and meeting, inside and outside the company with inclusion in mind. We call this an “inclusion lens,” where employees ask questions like, whose voice is missing? Who is being excluded? Are we portraying this authentically?”
McKinsey Report Says Anti-Black Bias Costs Hollywood $10B Annually hollywoodreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hollywoodreporter.com Daily Mail and Mail on Sunday newspapers.