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Leading US studios stop release of movies in Russia over Ukraine invasion

10:35 PM | 1 Mar, 2022
Leading US studios stop release of movies in Russia over Ukraine invasion
Source: The Batman (Instagram)

NEW YORK - The US-based leading entertainment conglomerates have stopped release of their films in Russia, days after Russian President Vladimir Putin launched a full-scale military operation in Ukraine.

The Walt Disney Co, Warner Bros and Sony Pictures on Monday announced ceasing the release of their movies in Russia.

Warner Bros has halted the release of The Batman just a few days after it hit the screens in Russia, North America and several others foreign territories.

A spokesperson for the studio said the decision had been taken in “light of the humanitarian crisis in Ukraine”. “We will continue to monitor the situation as it evolves. We hope for a swift and peaceful resolution to this tragedy.”

The Walt Disney Co has announced it won't release the Pixar film Turning Red in Russia on March 10 due to “unprovoked invasion of Ukraine”.

"Given the unprovoked invasion of Ukraine and the tragic humanitarian crisis, we are pausing the release of theatrical films in Russia, including the upcoming Turning Red from Pixar,” a Disney spokesperson said in a statement.

“We will make future business decisions based on the evolving situation. 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 to refugees,” the statement read.

Sony also followed the suit and announced pausing its theatrical releases in Russia.

“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,” Sony said in a statement. “Our thoughts and prayers are with all those who have been impacted and hope this crisis will be resolved quickly.”

The decisions from Hollywood come as West continues to impose economic sanctions on Russia over Ukraine attack. The sanctions have caused downfall in value of Russian currency, ruble.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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