Time Warner Inc. Pitching In at Least $1M for Sandy Relief
Media company joins others donating to recovery efforts
By Todd Spangler, Multichannel News -- Broadcasting & Cable, 11/2/2012 9:26:25 AM
The media company will donate $500,000 to the Mayor's Fund to Advance New York City and another $500,000 to other organizations helping people affected by the storm in the greater New York metro area.
Others that have announced donations include Time Warner Cable, The Walt Disney Co., Viacom, Verizon Communications, Sprint Nextel, and the National Football League and the NFL Players Association.
"New York City is our corporate home, the home to thousands of our employees, and the location for so many of our film and television productions," Time Warner chairman and CEO Jeff Bewkes said in announcing the donation. "We feel a special kinship with all those who have been affected by this devastating storm."
In addition, Time Warner will match all U.S. employee donations to Sandy relief efforts, up to a specified amount. The company is encouraging employees to visit and support organizations including New York Cares, NYC Service, the Long Island Volunteer Group and the New York Food Bank, where it will be participating in a company-wide volunteer day in the coming weeks.
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