Topic: Disaster Relief and Recovery
News Corporation announced it will donate $1 million to help victims of Hurricane Sandy – $500,000 to the Mayor’s Fund for NYC and $500,000 for relief in New Jersey. The storm affected millions of people and, with the company’s global headquarters in New York City, had a direct impact on the communities within which many News Corporation employees live and work.
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More than 2.47 million American jobs depend on broadcasting, and the local broadcast radio and television industry - and the businesses that depend on it - generate $1.17 trillion annually for the nation's economy.