Live Nation, Spotify Join Growing List Of Entertainment Companies Ceasing Russia Business

Business

Concert promoter Live Nation and streaming service Spotify are the two latest entertainment companies pulling out of further business with Russia.

They join music acts, film studios, sports leagues and numerous other businesses in expressing their displeasure with the Russian invasion of Ukraine.

“Live Nation joins the world in strongly condemning Russia’s invasion of Ukraine,” said the concert company’s statement today. “We will not promote shows in Russia, and we will not do business with Russia. We’re in the process of reviewing our vendors so we can cease work with any and all Russian-based suppliers.”

Spotify said Wednesday it has closed its office in Russia indefinitely because of the “unprovoked attack on Ukraine.” Social media companies with more than 500,000 daily users must have local offices in Russia, according to that country’s law.

“Our first priority over the past week has been the safety of our employees and to ensure that Spotify continues to serve as an important source of global and regional news at a time when access to information is more important than ever,” Spotify said in a statement.

Spotify also claimed it has reviewed its content and restricted the discoverability of shows owned and operated by Russian state-affiliated media.

Earlier this week, it also removed all content from state media RT and Sputnik from Spotify in the European Union, the United States and other markets around the world.

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