Company News
Sony Pictures Entertainment pauses business ops in Russia
A day after Disney announced it was suspending its business in Russia amid the invasion of Ukraine, Sony Pictures Entertainment has made it known that it is doing the same. This goes beyond the standard theatrical releases which both studios earlier halted.
Sony Pictures Entertainment Chairman and CEO Tony Vinciquerra sent an email to staff indicating that Sony’s boycott of Russia includes Crunchyroll stopping its anime streaming service in the country as well as home entertainment releases and future TV distribution deals.
Disney’s business stoppage in Russia includes content and product licensing, Disney Cruise Line activities, National Geographic magazine and tours, local content productions and linear channels. However, Disney did explain that some business such as linear channels and licensing will take time to pause given contractual situations, while others businesses will pause as soon as possible. Deadline
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