March 01, (THEWILL) – Hollywood has joined the long list of countries and organizations imposing sanctions on Russia over its invasion of Ukraine, with Paramount on Tuesday becoming the latest studio to pull its upcoming films from Russian theaters.
According to AFP, major studios in the movie making capital are saying they will not release new films in Russia.
Paramount’s pause, which will immediately affect titles including The Lost City and Sonic the Hedgehog 2, comes on the heels of similar announcements by Disney, Sony and Warner Bros.
Those decisions will affect titles including highly anticipated The Batman, which debuts in the United States on Friday.
“As we witness the ongoing tragedy in Ukraine, we have decided to pause the theatrical release of our upcoming films in Russia,” a Paramount Pictures spokesman was quoted as saying by US media.
“We stand by all those impacted by the humanitarian crisis across Ukraine, Russia, and our international markets and will continue to monitor the situation as it unfolds.”
By global standards, Russia is not a huge market for Tinseltown, though big budget releases fare quite well there. Spider-Man: No Way Home for instance took a healthy $44 million at the Russian box office, trade title variety reported.
Entertainers have also been hostile to Russia’s invasion of Ukraine.
British actor Benedict Cumberbatch this week used the occasion of receiving his star on the Hollywood Walk of Fame to call for action to halt Moscow’s advance.
Germany’s Munich Philharmonic fired Russian conductor and Kremlin loyalist Valery Gergiev on Tuesday after he failed to denounce the invasion.
Organizers of the Eurovision Song Contest have said they will not allow Russia to participate in this year’s edition, and punk-pop trio Green Day announced this week that they were cancelling a series of shows in Moscow in light of current events.
The West closed ranks since Russian President Vladimir Putin ordered his troops across the border, imposing a phalanx of financial sanctions intended to raise the cost of military action and put pressure on the Russian economy.
Airspace has been closed to Russian planes, high-tech exports have been curtailed and the sporting world has yanked fixtures from Russian soil, or ejected Russian teams from competitions.
Ivory Ukonu is a versatile journalist with many years of experience, with entertainment and society reporting as her area of core competence.
