March 1, 2022
Paramount Pictures March 1 became the latest Hollywood studio to halt release of new theatrical movies in Russia due to the ongoing military conflict in the Ukraine.
The studio joins Walt Disney Studios, Warner Bros. and Sony Pictures in postponing release of new movies in Russian theaters. Paramount reportedly plans to halt the March 25 release of The Lost City, an adventure comedy starring Sandra Bullock and Channing Tatum, in addition to the sequel Sonic the Hedgehog 2 in April.
While Russia is not a dominant theatrical market for Hollywood, the country typically ranks in the top dozen countries globally in box office.
“As we witness the ongoing tragedy in Ukraine, we have decided to pause the theatrical release of our upcoming films in Russia,” Paramount said in a statement. “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.”