“Since the beginning of this crisis, our teams around the world have been working around the clock to determine the best and, more importantly, the safest ways that we as a company can show our support for all those affected. I want to be clear, the safety of employees and everyone who works with us is, and always will be, our highest priority. We continue to offer specialized support services to hundreds of employees, freelancers and fixed-term employees in Ukraine, Russia and Poland, whose lives are affected by this crisis.”
Bakish said the studio is “taking a number of steps to suspend our operations in Russia, including pausing the supply of content from Paramount Global.” The studio had already suspended the theatrical release of films in Russia, including “The Lost City” and “Sonic the Hedgehog 2”. Bakish said the publisher Simon & Schuster had suspended sales to accounts in Russia, along with licensing of translation rights to Russian publishers and that Paramount Consumer Products would stop all new licensing deals in Russia.
“Other activities, including linear channel distribution and some content licensing, will take longer to stop due to existing contractual, technical and partner complexities,” Bakish said.
Revealing a $1 million corporate donation to support humanitarian aid, Bakish encouraged employees to directly help those in need during the humanitarian crisis. “Eligible employees in the UK and US can take advantage of Paramount’s Matchmaking Program, which we are working to expand to other international regions,” Bakish wrote.
“In addition, we are using our content and capabilities to help those in need, including the power of our global platforms to ensure the world bears witness to this tragedy, as well as to support humanitarian relief efforts,” Bakish wrote. “The brave news teams at CBS News, Channel 5, Chilevision, Network 10 and Telefe have been reporting 24 hours a day from the ground in Ukraine and neighboring countries.”
The executive highlighted the Paramount group company’s efforts during the crisis, including UK Channel 5’s recent fundraising special, “Ukraine: How YOU Can Help”, MTVE’s global call to action via linear and social media for audiences to donate funds to support relief efforts at various organizations. , and the Consumer Products team donates toys, products, and funds to organizations that support children and families in Ukraine seeking refuge.
“Our team is working to quickly bring Ukrainian-language children’s content to European countries such as Germany, Switzerland, Austria, Italy, Spain and France for free on Pluto TV, and to Poland through Nickelodeon’s local distribution partners,” Bakish added. . “And there are more underway and to come.”
“As we pause our operations, we will continue to financially support our dedicated team in Moscow. I also ask everyone in the company to be sensitive to the effect this crisis is having on colleagues across Europe, and in particular those who are Ukrainian, Russian and Eastern European,” Bakish concluded.
Source: Ambito
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