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The above boycotts all followed other media boycotts from The BBC, CNN, and German broadcasting giant Deutsche Welle.
The statements
Sony Pictures
The statement from WarnerMedia CEO Jason Kilar, says WarnerMedia “is pausing all new business in Russia.” They will be “ceasing broadcast of our channels, halting all new content licensing with Russian entities, and pausing our planned theatrical and games releases.” Kilar wants to keep the door open for business in future, however. Kilar continues in his memo that “we are following this situation closely and future business decisions will be made with that context in mind.”
Other companies to have severed ties with Russia are McDonalds, Coca-Cola, and Starbucks. This, along with government bans on the import of Russian energy and oil purchases.
The boycotts are supported by Ukraine, as Illia Svidler, the CEO of Kinolife explained to NPR. “When all the big Hollywood movies are not released, people feel it.” The lack of major Hollywood products in the Russian marketplace does an immense amount of damage to the entire Russian entertainment industry, which relies on American blockbusters for a good deal of their profits. Svidler estimates that about 70% of the Russian film industry is imported from other countries, and the Hollywood boycotts will hobble the bulk of the country’s profits.
So while it may seem churlish that, in the midst of a war, Russian audiences will not be able to see Hollywood fluff like “Morbius” or “Sonic the Hedgehog 2,” the boycotts are profoundly strangling the Russian film industry.
Ukrainian movie theaters, meanwhile, are currently being used as shelters from the Russian attack.
