The Walt Disney Company has just announced they will be pausing all business in Russia amid the ongoing invasion of Ukraine, calling Vladimir Putin’s actions an “unrelenting assault on Ukraine.”
Here is the statement released by the Walt Disney Company today:
Last week, after Russia’s unprovoked invasion of Ukraine, we announced that we were pausing the release of theatrical films in Russia and reviewing the rest of our businesses there.
Given the unrelenting assault on Ukraine and the escalating humanitarian crisis, we are taking steps to pause all other businesses in Russia. This includes content and product licensing, Disney Cruise Line activities, National Geographic magazine and tours, local content productions and linear channels.
Some of those business activities we can and will pause immediately. Others—such as linear channels and some content and product licensing—will take time given contractual complexities.
Even as we pause these businesses, we remain committed to our dedicated colleagues in Russia, who will remain employed. And we continue to work with our NGO partners to provide urgent aid and other much-needed assistance to refugees.
Last week Disney issued a statement and paused movie releases in Russia in response to the crisis in Ukraine.
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