The Clap Spotify (NYSE: SPOT) will suspend its services in Russia in response to the country’s new media law.
What new media law? Russia issued legislation making it illegal to report events that could shame or dishonor the Russian military.
Why this matters Spotify is home to a wide variety of podcasts covering global news. The company sees this legislation as elimination of free expression. It also said the move criminalizes news & therefore puts its employees at legal risk, & possibly even its listeners.