<p>Sony Group Corp's music business has exited Russia, transferring the business and musicians to local management, due to the Ukraine conflict.</p>.<p>"As the war continues to have a devastating humanitarian impact in Ukraine, and sanctions on Russia continue to increase, we can no longer maintain a presence in Russia," Sony Music said in a statement.</p>.<p><b>Also Read | <a href="https://www.deccanherald.com/international/ukraine-war-inflation-affecting-tourism-industry-unwto-secretary-general-1143905.html" target="_blank">Ukraine war, inflation affecting tourism industry: UNWTO secretary general</a></b></p>.<p>It did not disclose further details of the transaction.</p>.<p>The music business suspended operations in Russia earlier this year following that country's <a href="https://www.deccanherald.com/international/russia-launches-full-scale-invasion-of-ukraine-1084592.html" target="_blank">invasion of Ukraine</a>.</p>.<p>Russia calls its actions in Ukraine a "special operation".</p>
<p>Sony Group Corp's music business has exited Russia, transferring the business and musicians to local management, due to the Ukraine conflict.</p>.<p>"As the war continues to have a devastating humanitarian impact in Ukraine, and sanctions on Russia continue to increase, we can no longer maintain a presence in Russia," Sony Music said in a statement.</p>.<p><b>Also Read | <a href="https://www.deccanherald.com/international/ukraine-war-inflation-affecting-tourism-industry-unwto-secretary-general-1143905.html" target="_blank">Ukraine war, inflation affecting tourism industry: UNWTO secretary general</a></b></p>.<p>It did not disclose further details of the transaction.</p>.<p>The music business suspended operations in Russia earlier this year following that country's <a href="https://www.deccanherald.com/international/russia-launches-full-scale-invasion-of-ukraine-1084592.html" target="_blank">invasion of Ukraine</a>.</p>.<p>Russia calls its actions in Ukraine a "special operation".</p>