Spotify completely ceases operations in Russia, liquidating its legal entity
Pravda Ukraine
The only legal entity of the music streaming service Spotify in Russia was liquidated on 14 December, meaning that Spotify has completely ceased its operations in Russia.
Source: Kremlin-aligned Russian state-owned news outlet TASS, with reference to data from the Unified State Register of Legal Entities of the Russian Federation
Details: Spotify registered as a legal entity in Russia in January 2014. The service started operating in the country in July 2020. In the spring of 2022, the company announced that it would cease operations in the Russian market.
On 15 December 2023, one of its two Russian legal entities (Cisco Systems LLC) was also liquidated by the network equipment manufacturer Cisco. The other (Cisco Solutions LLC) continues to operate; the company announced its withdrawal from Russia in June 2022.
Background:
- In early 2023, Spotify began the process of liquidating its Russian legal entity, Spotify LLC.
- On 11 April 2022, Spotify completely shut down its operations in Russia, meaning that it will no longer be possible to use the services on its website and app.
- Spotify announced its withdrawal from Russia due to new laws that impose restrictions on the dissemination of information within the country.
Support UP or become our patron!