The Warner Music Group/Blavatnik Family Foundation Social Justice Fund has made an initial commitment of $1 million to support fire relief and recovery efforts in the Los Angeles area.
The fund will make donations to organizations that support the Los Angeles community, local first responders and those in the music industry affected by the disaster.
Organizations that benefit from contributions to the fund include the California Community Foundation, LAFD Foundation, Project HOPE and MusiCares, among others.
Meanwhile, Warner Music Group said it is working to ensure the safety of team members.
For employees who have had to evacuate their homes, the company said it is supporting “emergency lodging and food costs.”
WMG also contributes to donation drives and volunteerism.
“The devastation and loss of life caused by these wildfires is unimaginable,” said Ryan Blavatnik, director of the Blavatnik Family Foundation. “By supporting these organizations, we are helping to get funds to those who need it most.
“We are joining the rescue effort to help the Los Angeles community while assisting firefighters in their courageous battle,” said Robert Kyncl, CEO of Warner Music Group.
“Los Angeles is home to so much determination, resourcefulness and creativity, and its powerful story is inseparable from ours. We are determined to support the people of this extraordinary city.
To date, WMG/Bravatnik Family Foundation’s Social Justice Fund investments have focused on three key strategic pillars: education, arts and culture, and criminal justice reform, believing that work in these areas will help dismantle structural racism and promote equity and justice.
Elsewhere in the music industry, Live Nation announced it will host a benefit concert called FireAid on January 30 at the Intuit Dome in Inglewood, Los Angeles. AEG Presents and the Azoff Family are also involved in the show’s production, with specific artists yet to be announced.
Meanwhile, the Recording Academy, which hosts the Grammy Awards, has teamed up with MusiCares to commit $1 million to support music professionals affected by the fires.
Wildfires broke out in Los Angeles County earlier this month. About 105,000 residents remain under mandatory evacuation orders, with 87,000 under evacuation warnings.
The current death toll from the fire is 24.
Three fires are still burning in Los Angeles, the largest of which is the Palisades Fire, which is currently 13% contained and has burned more than 23,000 acres.
The Eaton Fire is the second largest fire, having burned more than 14,000 acres. Its content is 27%.
According to the BBC, on Sunday, private forecaster Accuweather raised its preliminary estimate of economic losses caused by the fires to $250 billion to $275 billion.
global music business