Netflix Pauses Projects And Acquisitions From Russia
Netflix is stalling all future Russian projects and acquisitions as the nation’s invasion of Ukraine enters its seventh day. Diversity was the first to announce the decision.
The streaming service had four original announced projects in development. An unnamed source close to Netflix said the company is “evaluating the impact of current events.” This is another swift sanction from worldwide as punishment for Russia’s unprovoked military attack on Ukraine. For Netflix, affected productions include a series directed by Dasha Zhuk that was already filming and another series set in the 90s that ended filming in 2021.
As Variety also reports, The Walt Disney Company announced Monday that it is similarly suspending all theatrical releases in Russia. Warner Bros. suspended the release of “Batman” in Russia. You can read more about both developments here.
Russia has also been banned from participating in major festivals and award ceremonies.
The gaming industry also expressed solidarity in supporting Ukraine. Developers including CD Projekt Red, Bungie, and 11-bit studios are donating and encouraging others to do the same to help the victims of the war in Ukraine.
