News Corporation will donate $1 million to help victims of Hurricane Sandy, which has caused enormous damage on the East Coast this week, the company said Wednesday.
The donation will be divided into $500,000 for the Mayor's Fund for NYC, and another $500,000 for relief in New Jersey.
News Corp. noted that, with the company's global headquarters located in New York, the storm had an impact on the communities where many News Corp. employees live and work.
"Our hearts go out to those who have lost loved ones and those families coping with this tremendous natural disaster. But we are also heartened by the stories of communities pulling together, with neighbors helping neighbors through this difficult time," News Corp. Chairman and CEO Rupert Murdoch said. "I sincerely hope many other companies will also be able to provide assistance to families and communities in need of help."
The storm has had a drastic impact on the entertainment industry, with numerous productions in New York, including the CBS drama "Person of Interest" and the upcoming Darren Aranofsky biblical epic "Noah," forced to shut down.
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