Cannes Festival Divided Over Dealmaking in Russia, Some Reluctant to Give Up ‘Financially Lucrative’ Market

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With a Ukrainian cinema union issuing a strident call on Thursday for participants of the Cannes Film Market to halt all business with Russia rather than support “terrorism,” industry professionals…

rather than support “terrorism,” industry professionals are again weighing the moral cost of working in the country against the financial upside of releasing films in the lucrative Russian market.Ukraine

“Continuing to do business in Russia means supporting the Russian terrorist state with taxes,” the statement read. “These taxes are then turned into weapons with which peaceful Ukrainian cities are destroyed, and our friends and colleagues are killed and maimed.” A leading Russian distributor, meanwhile, who’s based elsewhere in Europe and frequently acquires movie rights for both Russia and Ukraine, perhaps best summed up the ambivalence felt by those doing business in the region, telling: “I really don’t have any justification for continuing working with Russia. I just don’t have a clear answer for that, even for myself.”

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