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Home » Streaming giant Netflix becomes latest major media company to pause projects, acquisitions
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Streaming giant Netflix becomes latest major media company to pause projects, acquisitions

Business Circle TeamBy Business Circle TeamMarch 3, 2022Updated:March 3, 2022No Comments1 Min Read
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It’s understood the streaming big has taken the choice whereas it assesses the impacts of the unfolding occasions.

The streamer had 4 Russian sequence within the works: Zato, a Neo-noir detective drama; Anna Okay, a up to date retelling of Tolstoy’s Anna Karenina that will be Netflix’s first Russian unique sequence; Nothing Particular, a drama a few younger actor working at a charity for individuals with disabilities; and a fourth untitled sequence.

Anna Okay and Nothing Particular had already wrapped filming in December, whereas the untitled venture is within the technique of ending up taking pictures, in keeping with the person near Netflix.

Underneath a regulation that solely got here into impact on 1 March, “audiovisual providers” within the nation with greater than 100,000 customers might be required to hold 20 main state tv channels.

“Given the present state of affairs, now we have no plans so as to add these channels to our service,” a Netflix spokesperson advised the journal in a press release.

Earlier, Disney (NYSE:DIS) have additionally pulled theatrical releases in Russia in fast succession this week.



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