Paramount Global also commits $1M as major corporations step up to aid relief and rebuilding efforts in wildfire-ravaged Los Angeles.
Los Angeles [US], January 12: In response to the devastating wildfires sweeping through Los Angeles, The Walt Disney Company has pledged $15 million to support immediate relief and rebuilding initiatives.
The funds will be allocated to several organizations providing critical aid, including the American Red Cross, Los Angeles Fire Department Foundation, and the Los Angeles Regional Food Bank, among others.
“As this tragedy continues to unfold, The Walt Disney Company is committed to supporting our community and our employees as we all work together to recover and rebuild from this unbelievable devastation,” Disney CEO Bob Iger said in a statement.
Reflecting on the company’s roots in the city, Iger added, “Walt Disney came to Los Angeles with little more than his limitless imagination, and it was here that he chose to make his home, pursue his dreams, and create extraordinary storytelling that means so much to so many people around the world. We are proud to provide assistance to this resilient and vibrant community in this moment of need.”
Paramount Global Joins Relief Efforts
Meanwhile, Paramount Global announced its contribution of $1 million, which will be directed to several organizations, including the Los Angeles Fire Department Foundation, California Fire Foundation, Direct Relief, World Central Kitchen, and the Best Friends Animal Society.
In a memo to staff, Paramount’s co-chiefs Brian Robbins, Chris McCarthy, and George Cheeks emphasized the importance of standing by the community during this crisis.
Corporate Support for a Community in Need
Both Disney and Paramount’s contributions highlight the growing role of corporate entities in disaster response. With thousands displaced and extensive property damage caused by the wildfires, their aid is expected to provide vital support for affected families and first responders.
Key Highlights:
- Disney commits $15 million to wildfire relief and rebuilding.
- Paramount Global pledges $1 million to aid organizations.
- Funds will support groups such as the Red Cross, World Central Kitchen, and the Los Angeles Fire Department Foundation.
As Los Angeles grapples with the aftermath of these fires, corporate assistance like this offers much-needed hope and underscores the importance of community resilience.