Sony Music Group has joined a growing list of global music companies pulling out of Russia following the country’s invasion of Ukraine.
“Sony Music Group calls for peace in Ukraine and an end to the violence,” the company said in a statement on Thursday. “We have suspended operations in Russia and will continue our support of global humanitarian relief efforts to aid victims in need.”
The move by Sony to suspend its operations in Russia, where it has roughly three dozen employees, follows similar actions by Universal Music Group, Spotify, YouTube, TikTok and Live Nation, among others.
A source familiar with Sony’s decision tells Billboard that the company will continues to provide financial and wellbeing assistance to the impacted employees but could not elaborate further.
This is a developing story. Check back for updates.
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Tagged: business, entertainment blog, International, music blog, Record Labels, Russia Ukraine Conflict, Sony Music Group