According to a Russian news report from newspaper Vedemosti, popular streaming service providers Hulu and Netflix both met with Russia’s top entertainment companies, including content owners and video companies, to discuss launching their respective services in Russia.
This immense, untapped market apparently already has a large online video following with more viewers than any other European country, according o comScore Video Metrix, which stated “Russian video is catching up with penetration of other major markets.” Russian DVD’s and other digital media options are already doing a brisk business in that segment of the world, as well. This would likely be a significant new revenue stream for these streaming service companies, enabling them to have more clout with American entertainment companies over time as well.