Following Russia’s military intervention in Ukraine, Sony Pictures Entertainment has announced that it will cease all of its business operations in Russia.
According to Deadline, these firms’ ban will extend beyond the regular theatrical releases that both studios had previously postponed.
Chairman and CEO of Sony Pictures Entertainment, Tony Vinciquerra, addressed Crunchyroll’s anime streaming service, as well as home entertainment releases and prospective TV distribution partnerships, will be suspended in Russia as part of Sony’s boycott.
“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.
He added, “And as you saw last week, Sony Group announced a $2 million (roughly Rs. 15 crore) donation to the United Nations High Commissioner for Refugees (UNHCR) and the international NGO Save the Children in order to provide humanitarian aid to the people of Ukraine.”
According to Deadline, the content and product licensing, Disney Cruise Line operations, National Geographic magazine and tours, local content productions, and linear channels are all affected by Disney’s commercial suspension in Russia.