The major Hollywood studios announced their decisions on Monday, even though Russia is a significant market for America – accounts for about 2.8 percent of worldwide ticket sales or around £16 billion ($21.4bn).
Disney / Pixar announced The “unprovoked invasion of Ukraine and the tragic humanitarian crisis”.
“We will make future business decisions based on the evolving situation,” Disney said on Monday. “In the meantime, given the scale of the emerging refugee crisis, we are working with our NGO partners to provide urgent aid and other humanitarian assistance.”
Warner Bros is pausing the release of blockbuster The Batman “in light of the humanitarian crisis in Ukraine”. and added: “We will continue to monitor the situation as it evolves. We hope for a swift and peaceful resolution to this tragedy.”
Sony Pictures said: “Given the ongoing military action in Ukraine and the resulting uncertainty and humanitarian crisis unfolding in that region, we will be pausing our planned theatrical releases in Russia, including the upcoming release of Morbius.
“Our thoughts and prayers are with all those who have been impacted and hope this crisis will be resolved quickly.”
Also in sports UEFA, FIFA, and Formula One Grand Prix have also pulled events in Russia.