Spotify announced on Friday that it will suspend its streaming service in Russia in response to the country’s new media law. The platform also closed its office in Russia earlier this month in response to Moscow’s unprovoked attack on Ukraine.

• The 5 index signals smart traders watch before placing a single order
• Kwality Pharma Hits 52-Week High After Record FY26 Revenue
• Jay Bharat Maruti Hits 20% Upper Circuit on 287% Profit Surge
• ZEEL Falls 6% After Q4 Swings to Net Loss on Ad Revenue Miss
• Overnight Stock Market Movements: Key Developments 

“Spotify believes that it’s important to try to keep our service operational in Russia to provide trusted, independent news and information in the region. Unfortunately, recently passed law has restricted access to information, destroying free expression, and criminalizing certain types of news puts the safety of Spotify’s employees and the possibility of our listeners at a risk,” Spotify said in a statement.