Sony Music exits Russia due to Ukraine war

Sony Music points to the devastating humanitarian impact of the ongoing war in Ukraine as the reason for its departure from Russia

Reuters
Published : 13 Sept 2022, 03:22 AM
Updated : 13 Sept 2022, 03:22 AM

Sony Group Corp's music business has exited Russia, transferring the business and musicians to local management, due to the Ukraine conflict.

"As the war continues to have a devastating humanitarian impact in Ukraine, and sanctions on Russia continue to increase, we can no longer maintain a presence in Russia," Sony Music said in a statement.

It did not disclose further details of the transaction.

The music business suspended operations in Russia earlier this year following that country's invasion of Ukraine.

Russia calls its actions in Ukraine a "special operation".

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