Until Fall 2022 it was a division of Sony Music Entertainment.
The company opened its division in the Russian Federation on 1 December 1999.
[1] In 2000, the company signed its first contract with Russian group Bi-2.
On 10 March 2022, after Russia's invasion of Ukraine, Sony Music Entertainment announced they would be suspending operations and releases in Russia, though Russian employees of Sony Music Group would continue to receive salaries indefinitely.
[2][3] On 17 January 2023, the newspaper Kommersant reported that former top managers of Warner Music Russia, who founded ООО "Мерит", a company associated with the Russian distributor S&P Digital, had purchased the label.