Netflix Suspends its Services in Russia

Netflix

Streaming giant, Netflix is suspending its services in Russia in response to the country’s Ukraine invasion. “Given the circumstances on the ground, we have decided to suspend our service in Russia,” Netflix spokesperson Emily Feingold told The Verge.

The decision comes after Netflix said last week it would not comply with Russia’s Vitrina TV law that requires streamers with more than 100,000 subscribers to host 20 free state channels, including NTV and Channel One. In the same week, Netflix also announced it was pausing all future projects and acquisitions it had earlier planned to undertake in Russia. Netflix has more than 1 million subscribers in Russia, according to Bloomberg, which means the country is one of the streaming giant’s smaller markets. As of now, it is not clear what will happen to existing subscribers on the platform.

Netflix is not the only company to make such a move. Earlier today, TikTok stopped all new video uploads and livestreams in Russia in response to the country’s “fake news” law. Other big companies like Disney, Warner Brothers, Paramount Pictures, and Sony have suspended the release of new movies in Russian theatres. Tech giants such as Apple, Samsung, Microsoft, and Google have all also suspended product sales in Russia.

Posted by Abiodun

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