Disney takes steps to ‘pause’ all business in Russia

The Walt Disney Company has announced that it is taking steps to “pause all other business activities in Russia” following the invasion of Ukraine.

t comes a week after the company delayed its theatrical release in Russia in response to the ongoing crisis.

In a statement, Disney said: “In light of the relentless assault on Ukraine and the escalating humanitarian crisis, we are taking steps to halt all other business in Russia.

We are taking steps to suspend all other business in Russia. Walt Disney Company

“This includes content and product licensing, Disney Cruise Line operations, National Geographic magazine and tours, local content production, and linear channels.

“Some of those businesses we can and will suspend immediately.

“Other channels, such as linear channels and some content and product licensing, will take time due to contract complexity.”

Disney said it “remains committed” to its “dedicated colleagues in Russia who will continue to work”.

The company also said it will work with its NGO partners to provide “emergency assistance and other necessary assistance to refugees”.

Disney has become the latest media company to pull out of business in Russia, after Warner Music Group suspended all of its operations in the country on Thursday.

https://www.independent.ie/style/celebrity/celebrity-news/disney-taking-steps-to-pause-all-business-in-russia-41433603.html Disney takes steps to ‘pause’ all business in Russia

Fry Electronics Team

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