Key Takeaways
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- Sony is withdrawing completely from Russia, with all operations expected to cease by October 2024.
- The decision follows earlier actions by Sony, including halting console shipments to Russia, closing the PlayStation Store, and donating to aid humanitarian efforts in Ukraine.
- Other divisions of Sony such as Sony Interactive Entertainment, Sony Pictures Entertainment, and Sony Music have also shut down their operations in Russia.
- This move by Sony is part of a broader trend among Western businesses, with over 60% of these companies closing their local operations since the Ukraine invasion.
Sony’s Complete Withdrawal from Russia Finalized by October 2024
Sony is completing its withdrawal from Russia, with Sony Mobile Communications Rus officially winding down on August 11, 2024. The company expects to cease all operations in the country by October 2024, following an earlier attempt to exit in 2023. Sony first established a presence in Russia in 2006. The full departure follows a series of earlier actions by Sony. In March 2022, the company halted console shipments to Russia, closed the PlayStation Store, and donated over 2 million to aid humanitarian efforts in Ukraine following Russia’s invasion. Later that year, Sony Interactive Entertainment, Sony Pictures Entertainment, and Sony Music also shut down their operations in the country. Sony has concurrently been working to close its retail presence in Russia over the past three years. These moves by Sony align with a broader trend among Western businesses. Reports indicate that over 60% of Western companies active in Russia have closed their local operations since the Ukraine invasion.
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