Sony Music exits Russia due to Ukraine war

September 13, 2022 - 10:34 AM
Sony Corp's logo is seen at its news conference in Tokyo, Japan November 1, 2017. Reuters/Kim Kyung-Hoon

TOKYO — 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.

It did not disclose further details of the transaction.

The music business suspended operations in Russia earlier
this year following that country’s invasion of Ukraine.

Russia calls its actions in Ukraine a “special operation”.
Reporting by Sakura Murakami and Sam Nussey; Editing by Christopher Cushing