The Walt Disney Co said Monday it is pausing
the release of theatrical films in Russia, starting with the
upcoming Pixar Animation Studios release, "Turning Red." Within
hours, WarnerMedia said it would pause this week's release of
"The Batman" in Russia.
"We will make future business decisions based on the evolving
situation," Disney said in a statement. "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."
Given the ongoing military action in Ukraine, "we will be
pausing our planned theatrical releases in Russia, including the
upcoming release of Morbius", a Sony Pictures Entertainment
spokesperson said in an emailed statement.
Over the weekend, the Ukrainian Film Academy created an online
petition that called for an international boycott of Russian
cinema and the Russian film industry following the invasion.
Russia is a significant market for Hollywood, accounting for
$601 million in box office in 2021, or about 2.8% of worldwide
ticket sales, which totaled $21.4 billion last year, according
to Comscore.
Several major films are slated for global release, "The Batman,"
scheduled to open in Russia on March 3 as part of a worldwide
roll-out, and Paramount Pictures' "Sonic the Hedgehog 2" which
makes its global debut on April 8.
WarnerMedia said it would continue to monitor the situation as
it awaits "a swift and peaceful resolution to this tragedy.”
One Hollywood trade publication reported studio executives are
wrestling with the Russia question, as the U.S. and its European
allies enact economic sanctions.
"If the U.S. and its allies want to cut off Russia from the rest
of the world, then how would we go ahead and release our movies
there?" one studio executive told The Hollywood Reporter.
(Reporting by Dawn Chmielewski; Additional reporting by
Shubhendu Deshmukh; Editing by Sandra Maler, Shri Navaratnam and
Subhranshu Sahu)
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