Music Industry Moves: Pharrell Williams, Black Ambition Prize Gift $2 Million; Beckie Sugden Joins ICM/Primary Talent Variety 2 hrs ago © Andrew H. Walker/Variety
Pharrell Williams helped hand out more than $2 million in grant money to finalists of the
Black Ambition Prize. Livegistics was awarded $1 million and the Black Ambition HBCU grand prize winner, Dosso Beauty, was gifted $250,000. Nine additional finalists will see prizes of over $100,000. Of more than 1,700 applicants, 34 finalists received financial awards of at least $15,000 and will continue to participate in the organization’s mentorship initiatives through the end of August.
Black Ambition’s coaches include Jonah Peretti, CEO, BuzzFeed; Tracy Gray, founder and managing partner of The 22 Fund; Noel Fenton, founding Partner of Trinity Ventures; Joann Chen, senior advisor of JFF Employment Technology Fund; and Jessica Salinas, VP of investments, new media. Black Ambition is headed by CEO Felecia Hatcher.
Music Industry Moves: Nancy Dubuc Joins Warner Music Group Board; CAA Signs Stormzy
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Taylor English Adds Michael S Melfi as a Corporate Partner
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