Mumbai: Media companies Disney and Sony Pictures Entertainment have decided to suspend all business operations in Russia following the country’s invasion of Ukraine.
Disney will cease all business including content and product licensing, Disney Cruise Line activities, National Geographic magazine and tours, local content productions, and linear channels, according to a report by Reuters.
Sony Pictures Entertainment chairman and CEO Tony Vinciquerra shot an email to his staff that the boycott of Russia includes stopping its anime streaming service Crunchyroll as well as home entertainment releases and future TV distribution deals in the country, as per a report by ANI.
Two weeks ago, Sony had also pulled its planned future films in Russia, including the high-profile Marvel film - "Morbius." Disney has also halted the release of theatrical films in the country.
Other Hollywood studios such as Warner Bros has also stopped business operations following the actions of Russia.