Sony Group Corp's music business has exited Russia due to Ukraine war
September 13, 2022
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.
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.
The music business suspended operations in Russia earlier this year following that country's invasion of Ukraine.
Related News
.jpg)
Katy Perry Strikes A Chord With $225 Million Music Rights...
Katy Perry's decision to sell her music rights for $225 million is a testament to the changing dynamics of the....
September 19, 2023
Sony And Universal-Owned APM Music Forge AI-Powered Partnership With Incantio
The collaboration aims to revolutionize the way music supervisors, filmmakers, and content creators discover and utilize production music.
September 05, 2023
.jpg)
Tech Giant VS Music Industry: Elon Musk's X Files To...
The lawsuit alleges that the platform has allowed rampant piracy to persist unchecked, prompting the National Music Publishers' Association (NMPA)....
August 17, 2023
.jpg)
Tencent Music Reports Surge In Quarterly Revenue, But Forecasts Impending...
However, amidst the celebration of this growth, the company sounded a cautionary note, hinting at potential challenges that may lie....
August 16, 2023