Netflix, Russia's NMG group team up for fully Russian service
Reuters
Published Sep 02, 2020 06:55AM ET
Updated Sep 02, 2020 09:10AM ET
MOSCOW (Reuters) - Streaming giant Netflix (NASDAQ:NFLX) and Russia's National Media Group (NMG) have set up a partnership to run the U.S. group's Russian service, they said on Wednesday.
Netflix's international version has been available in Russia since 2015. NMG is a leading private media holding in the country.
Starting from mid-October, Netflix's service in Russia will be available with local payments options, Russian subtitles and local films, a Netflix representative told Reuters.
National Media Group will become the operator of Netflix service in Russia, Olga Plaskina, NMG chief executive, said in a statement.
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Written By: Reuters
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