Spotify is holding fire on its planned launch in Russia, according to reports.
Russian news outlet RBC says that Alexander Kubaneishvili, who joined Spotify from Google last year to head up the Russia team, announced the cancellation in a letter to partners.
The exec said: "I regret to inform you that Spotify refused to launch in Russia in the foreseeable future. There are several reasons - the economic crisis, the political situation, the new laws governing the Internet.”
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