The American entertainment company has reportedly lost $195 million for abandoning Russia The Walt Disney Company published a financial report on Wednesday, claiming it had lost $195 million from shutting down its Disney Channel alone in Russia. “In the current quarter, the Company recorded charges totaling $195 million due to the impairment of an intangible asset related to the Disney Channel in Russia,” the document stated. On March 10, Walt Disney announced it was suspending all business activities in Russia due to Moscow’s military operation in Ukraine. Disney’s dealings in the country included content and pr
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