We are utterly saddened by the horrendous situation in Ukraine and our thoughts go to all those affected. As a vast global content production and distribution business, we, like most of the industry, have long historically had deals in-place across Russia. However, in light of recent events, we have taken the decision not to activate any new agreements in the region relating to production, distribution (sales and licensing) and general commercial matters, thereby freezing our activity there until further notice.