Streaming giant Netflix pauses all projects, acquisitions in Russia
Streaming platform had four Russian-language series in production
Netflix Inc has temporarily stopped all future projects and acquisitions in Russia as it assesses the current crisis Ukraine, a source familiar with the matter told Reuters.
The streaming giant had four Russian-language series in production and post-production, including ‘Zato’, a detective drama.
Russia has been facing boycott in the film and TV industry since the crisis has erupted.
The Cannes film festival also issued a statement on Tuesday saying it would ban official Russian delegations from its 2022 festival unless the Ukraine conflict ends.
Earlier this week, Netflix said that in the current circumstances it has no plans to add state-run channels to its Russian service, despite a regulation that would require it to distribute state-backed channels.
Russia is one of the 190 countries where Netflix is available.