In what is rapidly becoming a mass music exodus out of Russia, Kobalt and Downtown have become the third and fourth major companies to announce on that they are suspending business activity in Russia due to the country's invasion of Ukraine
. In addition, Kobalt will suspend all business activity in Russia and have voiced our support for any decisions that would cut off the local Russian collection society, RAO, from the network of collection societies.”, Downtown CEO Andrew Bergman wrote: “With immediate effect, Downtown is suspending all business with Russia.
As you know, with many friends, family and team members in Ukraine directly affected by Russia’s aggression, this crisis is near and dear to all of us at Downtown. We are donating funds to NGOs including ICRC, the International Rescue Committee and UNICEF that both support activities on the ground in Ukraine as well as the more than 2 million refugees that have been forced out of their homes.
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