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WarnerMedia joins stampede of Russian companies over Ukraine invasion

WarnerMedia joins stampede of Russian companies over Ukraine invasion

The WarnerMedia conglomerate, which includes the HBO platform and the TCM channel, joined the stampede of companies that have decided to leave Russia to show their rejection of the invasion of Ukraine.

According to an internal statement from company CEO Jason Kilar, WarnerMedia has “paused all new business” on Russiawhich “includes the cessation of broadcasting” of its channels, any content licenses with Russian entities, and the suspension of the premiere of new games and theatrical releases.

WarnerMedia had already announced that the film would not be released in Russia. batmanciting “the humanitarian crisis in Ukraine”while the news channel CNNwhich he owns, has already closed its Moscow office in reaction to a new law that criminalizes disseminating information about the Ukrainian invasion that the Russian government deems false.

In addition to Warner Media, Discovery Inc, which has 15 channels in the country, including the Discovery Channel, has also ceased operations in Russia.

warnermedia and Discovery They thus join other communication giants such as Netflix, which announced that it was paralyzing its activities in Russia last week, while The Walt Disney Company and Universal Pictures they also stated that they will not release their new films in the country.

To this is added that yesterday, Wednesday, the most emblematic brands of the United States and the culture of capitalism, such as Coca Cola, McDonald’s or starbucksannounced almost in unison that they were suspending their operations in Russia, while Pepsi-Cola the sale of all its soft drinks (Pepsi and Seven Up, mainly) and products in the country ceased.

Also, in recent days the big technology companies –Google, Target (Facebook), apple or youtube have interrupted their services on Russian territory, as have international payment companies Visa and master cardthe furniture multinational Ikea or the food company Nestle.

Source: Gestion

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