Russia Ukraine Crisis: Sony Pictures Entertainment Suspends Business Operations In Russia

Public on: 13-Mar-2022 Views 968

Russia Ukraine Crisis: Sony Pictures Entertainment Suspends Business Operations In Russia

Sony Pictures Entertainment has announced that it will suspend all of its business operations in Russia, following the country's military operation in Ukraine. 

An email was sent to staff by Sony Pictures Entertainment Chairman and CEO Tony Vinciquerra. This boycott of Russia from Sony includes Crunchyroll stopping its anime streaming service in the country as well as home entertainment releases and future TV distribution deals. 

"Two weeks ago, we paused the upcoming theatrical release of Morbius in Russia. Since then, we have also halted our planned home entertainment releases, including Spider-Man: No Way Home, and any future television distribution deals. And just this morning, Crunchyroll suspended its anime streaming service in Russia," Vinciquerra wrote in the email. 

Following Russia's invasion of Ukraine, numerous Western corporations in a variety of industries have re-evaluated their operations in Russia. Some companies have decided to stop doing business in the country, while others have decided to leave completely. These include companies such as Ford, Volkswagen, Coca-Col (COKE), McDonald's, Starbucks, Airbnb, Amazon, Meta, Netflix, Apple, to name a few.  

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