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Buffalo
11 Mar 2022 6:38 am
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4,614 posts
Jantje_Smit » 11 Mar 2022, 7:25 am » wrote: Indeed... and it gets even scarier....

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Disney working to halt all business in Russia

The Walt Disney Company has announced further measures in response to the ongoing military conflict in Ukraine. Last week the company suspended release plans in Russia for any new movies, but now it has decided to wrap up all its other operations, including its consumer product brands and its cruise port in St. Petersburg.

A Disney spokesperson detailed the decision in a statement, saying: “Given the unrelenting assault on Ukraine and the escalating humanitarian crisis, we are taking steps to pause all other businesses in Russia. This includes content and product licensing, Disney Cruise Line activities, National Geographic magazine and tours, local content productions and linear channels. Some of those business activities we can and will pause immediately. Others – such as linear channels and some content and product licensing – will take time given contractual complexities.”

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Boy, the Russian economy is now finished...There will be no more big macs sold in Russia.  McDonalds has shuttered all 850 stores.
 
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