Universal Music Group has become one of the latest media companies to suspend operations in Russia amid the country’s invasion of Ukraine.
The music publishing giant on Tuesday said it was closing its offices in Russia, effective immediately. Meanwhile, major Western food and beverage companies Coca-Cola, McDonald’s and Starbucks are also pulling out.
Music publishing giant Universal, which recently acquired Neil Diamond’s song catalog, said in a statement, “We urge an end to the violence in Ukraine as soon as possible.
We are adhering to international sanctions and, along with our employees and artists, have been working with groups from a range of countries to support humanitarian relief efforts to bring urgent aid to refugees in the region.”Meanwhile, consumer giants McDonald’s, Coca-Cola and Starbucks are also halting business in the country while PepsiCo said it would stop the production and sale of Pepsi and other of its brands, but will continue to offer essential products.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.