Sony Music exits Russia as a result of Ukraine warfare

TOKYO – Sony Group Corp’s music enterprise has exited Russia, transferring the enterprise and musicians to native administration, as a result of Ukraine battle.

“Because the warfare continues to have a devastating humanitarian influence in Ukraine, and sanctions on Russia proceed to extend, we are able to not preserve a presence in Russia,” Sony Music mentioned in an announcement.

It didn’t disclose additional particulars of the transaction.

The music enterprise suspended operations in Russia earlier this 12 months following that nation’s invasion of Ukraine.

Russia calls its actions in Ukraine a “particular operation”….

Carry on studying: Sony Music exits Russia due to Ukraine war

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