"Time's Up" aims to get new laws to tackle the problem in workplaces.
The initiative includes a legal defense fund, headed by Tchen, Michelle Obama's former chief of staff, and backed by $13 million in donations, to help protect less privileged women from sexual misconduct and the fallout from reporting it.
In Hollywood, more than 1,000 prominent actresses, writers and directors have launched a project aimed at combating sexual abuse and harassment in the film industry, reports Democracy Now on Tuesday.
It's a response to an open letter published in November by Alianza Nacional de Campesinas, a female farmworkers advocacy group representing around 700,000 women, that expressed solidarity with women in the entertainment industry. We stand with you. The campaign with hashtag #timesup will also push for legislation to penalise companies that tolerate harassment and to discourage the use of nondisclosure agreements to silence victims, according to the New York Times. It will be housed and administrated by the National Women's Law Center, and now has more than $13 million in donations.
And it calls on women to wear black at Sunday's Golden Globes as a statement against gender and racial inequality, as well as raise awareness about the group's efforts.
"It's very hard for us to speak righteously about the rest of anything if we haven't cleaned our own house", producer Shonda Rhimes told the Times.
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The newspaper also listed Ashley Judd, Eva Longoria, America Ferrera, Natalie Portman, Rashida Jones, Emma Stone, Kerry Washington, Jennifer Lawrence and Reese Witherspoon among the initiative's supporters.
Time's Person Of The Year for 2017 was the Silence Breakers - the men and women who came forward with their experiences.
The group insisted that more women must be brought into positions of power and leadership, while every woman should have equal benefits, opportunities, pay and representation.
The meetings reportedly began in October, shortly after Harvey Weinstein was first accused of sexual assault.
The fund Swift has donated to will help subsidize legal help and support to women and men who have experienced sexual harassment, assault or abuse while in the workplace.