Snap, Snapchat’s parent company, has launched a venture capital that aims to have 50% of the owners or leaders of its Snap Originals talent, team and producer within the next three years be women and/or historically underrepresented backgrounds.
“Our equity partnership pledge is another step in Snap’s ongoing commitment to driving profound systemic change in the entertainment and technology industries,” said Vanessa Guthrie, original content manager at Snap. hollywood reporter. “Our goal is to model inclusive narratives, on and off camera, in our Snap Originals, and we are proud to work with producers who share that commitment.
Launched ahead of Snap’s first performance at NewFronts Jazz at Lincoln Center, the pledge brought support from Snap Originals partners including Propagate Content, Unanimous Media, 44 Blue Productions, Maven and Future Studios and more.
“We take our partnership and our responsibility seriously,” said Guthrie. “Our aim is not only to take responsibility for ourselves, but also to inspire other companies to set barriers to diversity, equality and inclusion.
The social media company also announced two new unwritten originals on Tuesday, featuring Olympic gymnast Simone Biles, content producer Propagate Big Breakfast, and Kids at Play and Snap creator La’Ron Hines, producer Leopard USA. Charlie and Dixie D’Amelio Against Charlie Dix (Westbrook Media and Five All In The Fifth Entertainment) has also been updated for a second season.
Read the Snap Equity Mortgage section below and view the full mortgage here.
We aim to be the industry leader in original programming in inclusive and equitable representation of on- and off-camera performance, providing equal creative and professional opportunities for producers, talent and creators. Are they women or belong to historically underrepresented* groups in the entertainment industry. We celebrate and enhance a wide variety of voices – from top-tier talented producers, showers and department heads, featured creators and everyday people – to tell their authentic stories and speak about issues important to Gen Z through Snap Originals.
* People from historically underrepresented groups include marginalized racial/ethnic groups, people with disabilities and members of the LGBTQ+ community.
Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
