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Day: 7 February 2016

Russian companies consider opportunity to restrict Netflix activity in Russia

Deputy of CEO “STS Media” Sergey Petrov stated Russian companies can uphold restrictions for video streaming market in Russia. It is necessary for competition with online service Netflix. Russian companies can propose their amendments in Russian law – restrictions designed to support development of Russian video streaming market. “STS Media” underlined, that Petrov stated so as president of Media-communication alliance, but not as representative of company. “It is true, companies must have incorporated representative offices in Russia, become tax residents, turnover of payments, receiving from customers, should pass through Russian taxable base and the country could receive opportunity to improve domestic content” – said Petrov.

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