Coinstar, Time Warner Donating to 'Sandy' Relief Efforts2 Nov, 2012 By: Erik Gruenwedel
Contributions mirror more than $3 million donated collectively by The Walt Disney Co., News Corp., Time Warner Cable and Viacom
Coinstar and Time Warner have separately joined related studio and media company efforts in assisting people affected by Hurricane Sandy.
Coinstar, which owns Redbox, coin trading, coffee and electronics recycling kiosks, is asking consumers to support the American Red Cross by donating their spare change at more than 14,000 Coinstar donation-enabled kiosks across the country.
To make a donation at a Coinstar kiosk through Nov. 30, individuals simply select the "donate" option from the menu, choose the American Red Cross, and pour in any amount of change to support relief efforts providing food, shelter and other assistance to hurricane victims.
The Red Cross will receive 100% of the value of the donations within 48 hours.
"We are putting the power of our nationwide network of Coinstar locations to work for hurricane relief," said Paul Davis, CEO of Coinstar. "If half of the U.S. population donated just one dollar, it would translate to more than $150 million in aid to help families get back on their feet.”
Separately, Time Warner said it is donating $1 million to relief efforts, and will also match its employee donations to an undisclosed amount.
“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," CEO Jeff Bewkes said in a statement. "We feel a special kinship with all those who have been affected by this devastating storm. Time Warner and its employees have always responded in selfless and generous ways to help those in need, and we hope that our contributions will help people to rebuild and recover."
Previously, The Walt Disney Co., Viacom, Time Warner Cable and News Corp. collectively donated more than $3 million to relief efforts in affected areas, including New York City.