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Sony Music exits Russia due to Ukraine war
According to a report, Japans Sony Group Corp has sold the Russian branch of its music business given heightened human rights concern over the Ukraine conflict and business difficulties as Western sanctions against Russia tighten. ― Reuters pic

TOKYO, Sept 13 ― 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”. ― Reuters

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